CONTINUED SELLING - Regrettably, selling shares remains the primary avenue for shareholders to voice their dissatisfaction and potentially exert pressure on the select group of elite shareholders who hold control over the company. In previous years, the company's cashflow was robust enough to withstand their investments and disregard the concerns of minority shareholders. However, the current market conditions indicate that they are facing a challenging situation, where the balance between control and the capital needed for sustained success of Vitoro. SEN finds itself backed into a corner, and the market looks poised to deliver a decisive blow until a suitable response is initiated. The company has the opportunity to embrace this feedback, transform its practices, and create a more inclusive and collaborative environment that aligns with the expectations of ALL its shareholders. One crucial step towards rectifying this situation would be the appointment of a new CEO. This is not a personal attack; rather, it is a recognition that in the current business landscape, a tenure of 12 years at the helm is excessively long for any individual. Being proactive in addressing these concerns is paramount; otherwise, the situation could escalate into something far more serious. Currently shareholders are concerned, what happens if customers become concerned with ability to manage their affairs. As someone who has experienced the immense stress that arises when substantial investments require more capital than is available, I implore the company to heed the message the market is conveying. It is imperative to react promptly and adapt to the market's demands. The consequences of failing to do so can be severe. Therefore, it is in the company's best interest to take decisive action and navigate these challenges effectively.
SEN Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held
