FFX 0.00% 20.0¢ firefinch limited

General discussion, page-728

  1. 634 Posts.
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    I gave you a thumbs up as I agree with your sentiments about name calling, etc.

    However, I respectfully disagree about your comments with regards to managements roll, as it is incomplete.

    As per the business plan, management have a duty to extract as much value from ventures as possible, and like all positions, accountability and srcutiny must be maintained when that is not accomplished.

    FFX needs finance. This is part of managements portfolio of chores. There are many avenues for finance, so just as how you do not sleep with the bank managers husband/wife before you approach them for a loan, likewise, you must not allow the SP to drop, or stagnate, when going to the capital markets for finance.

    So unfortuantely, yes, short to mid term share price should very much be at the forefront of financing objectives UNLESS your intention is to NOT tap the markets for capital.

 
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