I am afraid the company now appears to have the attitude "we are undervalued and its the markets fault" rather than have a good long hard look at themselves.
The only reason this stock has underperfomed is down to management. With DR being the largest shareholder nothing will change. Get Directors in who know what they are doing rather than the bunch of gumbies they have now.
It is such a shame when the projects on face value appear to be very good. But they have NEVER stayed focused and quite frankly have misled shareholders.
I sold out at 39 and am slowly getting back in but Something has to give and soon. Hopefully getting rid of the dead wood, doing something about the assets and actually generating a cf.
NMT Price at posting:
29.7¢ Sentiment: LT Buy Disclosure: Held
