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Ragnarolf

218 Posts.

641

24/11/24

21:26

Post #: 76754330
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Originally posted by hopalongpetrovski: ↑

No.
I don't find Leslie's comment regarding cash runway misleading.
As I said.
I find her remarkably straightforward in how she speaks and presents.
This is one of the prime reasons for my continued faith in the company.
Any hesitations in her presentation I put down to the fact that she has an obligation and responsibility to only publicly disclose a certain amount of what she undoubtedly knows or suspects at any given moment in time.
Therefore, if there is the occasional flub or verbal backtracking and downplaying when she realises she may have come close to crossing a line I can forgive that, as only human.

Neither she, nor any other publicly listed companie's director or senior management have the luxury of being able to be "fully transparent" about their companies activities or preliminary results and most, if not all, are subject to various NDA's or regulatory restrictions.

I can't answer to the detail of your enquiry above and suggest you submit it to Leslie or IMU directly.

I have found on many occasions that people have a tendency to construct elaborate theorems to suit a previously arrived at conclusion, and that oftentimes, they are wrong.

If I did not have faith in either the BOD or senior management of a company I would not continue to entrust my investment funds with them.

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A CEO telling it's investors how much cash they have left is not something covered by an NDA.

Full transparency on this subject should be an expectation.

The erosion of trust from shareholders in management is clear for all to see.

I hope you're faith is neither blind nor misplaced.

DYOR. Not advice.

IMU Price at posting: 3.9¢ Sentiment: None Disclosure: Held
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