OK. We are now at a spot where shareholders can actually agree on a few things. And whether we like it or not, we're all in this together. So ignoring JK's guilt or innocence (done to death, agree to disagree), what is the best way forward? How can we all benefit?
-List. Now. No public offer. We all agree we arent getting a cash injection at present. The market is anti-risk for floats, and if they can't figure out how to price us, they just won't until we're traded. -Release positive news. We need an announcement per month that is positive. Expansion. Transactions. Key staffing. New product line. -Ban JK from mentioning ATO, ASIC, ASX, AFR, OM. JK is the face of the company, and he shares good news with the world. He needs to stop fighting and reminding people about disputes and court cases. If he gets a question on them, his answer should be "we are confident with how that's being handled by our legals advisors. It'll all be resolved in time. But today I'm looking at our new X." -Preferably have the directors kick some money in to buy shares on market. Not millions. $50-100k. Shows confidence in the company, generates stock articles, shows an intent to grow. - Issue safe earnings guidance and exceed it. The last thing this company needs is anything that points to the directors not doing exactly whatthey said they'd do. Negative news comes with references to the past.
If we do that, we put the past in the past, and we recover quickly. For now, we need positives only.
SP1 Price at posting:
$1.07 Sentiment: Sell Disclosure: Held
