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clock Created with Sketch. 28/06/16
13:35
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Originally posted by benelong
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Apology accepted."How do you, as a shareholder, feel about the company's managers telling you that the matter of how much cash the business needs, and over what time frame, and where such cash will be sourced, is not one for which it is appropriate to divulge details to the owners of the business?" "when we have these details at hand we will provide them to the market appropriately". Well, sure, there will be eventually a right time for that, but is it a "right time" from the company's point of view or a "right time" from a shareholder's point of view. The latter time has already passed.is " sufficient). So why the delay about where it's from and what are the terms? One possible conclusion is that the pig is fighting against the lipstick. But maybe it's just very complex in the final detail.
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I pointed in a previous post that I think he is stalling the release of the information (bad news) until 16th July when RA results come out. I believe he may be waiting for the good news (RA results) to offset the bad news (ATM style financing). Just a theory. Either way, MSB is horribly managed.
(20min delay)