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09:51
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Originally posted by m0ngy
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I call it as I see it Raider, whether positive or negative and irrespective of baiting will continue to do so. Right now I see massive selling pressure growing once more against positive reassurance from Chris Darby. It doesn't help that the company communicates so poorly with the ASX. Fine if you can call 7 times over 3 days, wait 10 minutes on calls and finally talk with Chris. Otherwise, you would be seeing the regulatory approval delayed without the market being told. A 7 day delay absolutely should have been reported to the market and it wasn't. It's fine for the company to talk about 'jumping at shadows' but they are not doing nearly enough to protect the SP (and our anxiety levels) by their failure to report to the ASX in a timely manner. Investors have every right to question the company's statements in the light of their delays and poor communication. Equally, positives need to be reported but that doesn't mean that I have joined the 'company can do no wrong club'.
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I totally agree with you. If you don't want to report anything to the public, you stay a private company, but when you take money from the public you have an obligation to tell your owners how their business is going.
