How can you say that the CEO answering investor questions via the website is a bad thing? Obviously there are plenty of questions from investors when your smaller internet company becomes the 6th largest telco in australia. Im greatful. If thats a bad thing for you, then Im not sure what would keep you happy as far as continuous disclosure goes.
There is intrigue. Thast the good thing. It was all to do with the backdoor listing of People Telecom and the moving and shaking around that. When we thought we had a company with $10 million revenue, now we are 1/3 oweners of a company with about $110 million revenue. Obviously be some uncertainty.
Id call the OX intrigue. Why was it sold down so heavilly by the under writers. Id call AIM intrigue. How did they manage to buy billions in assets for only a few million dollars. How will they mine it. Why did the selelrs sell it. Likewise LEG. That "intrigue". What about CUE - thats intrigue. What about NAB...why was it being sold down before the bad announcements..thats intrigue. There is a lot more sus stocks out there then SWT, who's CEO is up front and honest enough to answer questions..as he said time permitting and it wont be for long.
And he is not selling the merger. No roadhsows have taken place yet, no big hohaa..just the announcement to the ASX.
So saxien, which stocks are you in? Lets talk about them? I have some cash spare and can be convinced if you have a good prospect.
