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18/10/16
15:30
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Originally posted by Last of the Mohicans
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Gee will people please listen.
The share price is where it is because our shareholder base is currently too small (especially when you include all the ones who've left it in the last 2 or 3 weeks).
The free float is too large & thus allows those that want to play games to do so at there leisure.
We have no real institutional investors on board, if we did then they would be in the top 20 holders list & owning more than 15M shares.
If you want to help strengthen the share price then start telling you're friends & contacts about the stock at home and abroad, so that they can go and do research on it & hopefully then invest in the company. That way there is both demand for stock & a reduction in the free float which makes it harder to play games with the stock.
You should also be contacting IR and making the point to them very strongly indeed that it is simply not good enough that last weeks news, has yet to appear on the company website, facebook pages, twitter pages etc. Nor has there been any USA press coverage on the matter either. So how on earth are potential investors or international institutions going to know about it? (other than specifically through the ASX)
A total PR disaster on absolutely fabulous news.
Leason's are not being learned from one mistake til the next, it really isn't good enough.
LOTM
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They have the ASX announcements linked on their website. They dont though, have individual pages for each announcement on their direct webpage.. which is silly tbh.