Thanks for this post. I agree with a lot of what you are saying. And I absolutely understand why existing shareholders are a little upset regarding performance.
However, I am a new shareholder buying in at low prices and personally am excited about the prospects of a turnaround and that is what led me to invest. Don't underestimate the addition of Quinton as a Director. If anyone is focused and competent it is him. I am assuming that a strategy for exploration, revitalising the company, and putting focus and dollars in high value assets is underway as I write this.
In regards to Gino and Russell. They are not dumbys either and again, my assumption is that they will be behind determining a viable and coherent strategy moving forward.
In fact, it would be great to see an announcement in this regard to give both old and new shareholders a road map of plans to inform our investment and also to see the company held to account for delivering on said strategy or any well planned deviations from it in the future.
Companies have to be agile, they can pivot when necessary, but it should be communicated to the SH and it should be coherent and well thought out and executed. I'm enjoying the discussion on this board - thanks all for the respectful feedback and background information.
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Thanks for this post. I agree with a lot of what you are saying....
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Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $28.17M |
Open | High | Low | Value | Volume |
13.5¢ | 13.5¢ | 13.5¢ | $3.713K | 27.5K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 67188 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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13.5¢ | 1000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 67188 | 0.130 |
4 | 44619 | 0.125 |
3 | 138341 | 0.120 |
1 | 10000 | 0.100 |
1 | 10500 | 0.094 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 1000 | 1 |
0.140 | 18675 | 2 |
0.145 | 126965 | 4 |
0.150 | 50000 | 1 |
0.155 | 35745 | 1 |
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