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moving today jocky

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pablo60

477 Posts.

26

03/07/23

14:52

Post #: 68591237
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Originally posted by Jockthegreat: ↑

Well, I was not part of the discussion. It is rather odd though that they can come away feeling confident after a discussion with him about perceived problems....yet the TIE market as a whole has trouble feeling this confidence hence a 50% decline. My point was, I find it odd he is willing to try restore confidence with a journalist but ignores the concerns of the shareholders (displayed through complete silence), which are clear through significant SP declines.

I still hold, I just think that why as management let your SP decline so significantly if everything is tracking well? Unless there is a strategy, this seems utterly ridiculous when all it would take is a single update. I get peoples point that they don't need to update the market until Q2 update is required, and this is normal practice for an established producer but:

1. If you see significant decline in SP, their job is to protect and deliver shareholder value. By not updating and alleviating fears just because you are not obligated by law to do so, is kind of like cutting your nose off to spite your face.

2. They are not an established producer.

But yes, I get we shouldn't question and should all blindly follow and accept apathetically.

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moving today jocky

TIE Price at posting: 50.5¢ Sentiment: Buy Disclosure: Held
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