The Dr has not come and gone. Yes he also works for the Sri Lanka Board Investment but he continues to work for QMC as well.
Correct the share price has reached its lowest point. But there is confidence in the new management developing/following a strategy to move forward. Something the past management couldn't achieve.
They are already delivering working on what they said in the EGM, 1. Company overheads have been reduced. 2. Focus on White Ranges. 3. Early cash flow
You aren't going to get a running commentary about work towards early cashflow (JV/divestment/sales).
The entire board was pushed aside. The current board has not picked up where the past board left off. Just need to be patient and allow them to assess the situation.
QMN Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
