This stock and the associated banter has always baffled me. I originally entered quite some time ago due a belief that some people I respected had in this company, and I have been stuck since. I was tempted to post the other day, and instead I picked up the phone. Not to the listed office line, because that is of course disconnected. I tried a couple of board members and reached one. I encourage others to do the same if you are disillusioned like I was. I thought I would write for the sake of other holders like me who are genuine, hopeful (yet disgruntled) and want some real answers.
I can't get my head around why people have posted rubbish about certain time frames and updates that never come to fruition, why do you bother? If you are truly in the know, how can you get it so wrong? If you are not in the know, again, why bother. The up-ramp loses its credibility pretty quickly.
The big revolt leading into the AGM was a classic example of the bizarre antics on this forum. Sure to some extent, the movement worked (was it headed that way anyway...?) , There were some changes, true (although some board members were re-elected the next week anyway, and the Chair has since left), but what really struck me, as someone who actually attended the meeting was that there only appeared to be keyboard warriors associated, because I was the only one who actually asked a question around why things were, where they were. Anyone who was driving these changes and were supposedly going to be there to speak their minds, were, well, SILENT. So you have a company that was not going anywhere, with supposed shareholders spruiking the project relentlessly, without any actual substance.
SO, now that I have vented my long held observations and frustrations... I did feel better about the future than before I made that call. The credibility and legitimacy of this company/project was strengthened (in my mind) post the conversation I had. There appears to be some politics involved, and of course, BDI need to raise some funds (once a couple of other ducks are in a row, which is getting closer I was told). I implore anyone who is actually someone and has some influence, to sort it out for the greater good of all. For anyone who does not really know what they are talking about, I think your comments here are more of a hindrance than anything.
So in short, I had totally written this stock off a week ago, and now I have a renewed sense of optimism after speaking directly to the source. Doesn't mean we won't be let down, but for anyone like me, who thought that they were invested in a complete joke with zero prospects, I think you can adjust your expectations to a slightly more favorable position. I hope plenty of people put their money where their mouth is and we can all elbow touch, make up and rejoice at some stage, hey, let's hop we can even hug by then.
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