Surely the FER management need to go on the front foot to address the current situation with sp. As Rony states there has been a lot of good news and yet the sp continues to slide. Are they making the most of this? What is thier strategy in terms of communication? Now that it is public knowledge that the test actually works should they be communicating a lot more regularly on the commercialisation process and the financial rewards that are to come? has a test been sold? if so lets celebrate this and do the maths of multiplication, if not then why not - has to be a priority! Would such urgency not create more interest? What is the international campaign looking like? How is Singapore moving along? It just feels like too little information coming forward - like there is a lack of confidence from FER which translates into negativity in the sp, would a more aggressive position provide better rewards and if this agressive position is indeed being adopted then communicate it. Longer term I still believe this is a sound investment, so much so I am continuing to pick up whatever stock I can afford in small parcels at these absolute bargain prices. It is however frustrating that FER has adopted what appears to be a soft approach to what should be a really exciting and financially rewarding position. Perhaps there is something in the wings that is the rationale for this but sitting at around 60 cents and dropping would indicate some urgent intervention is required. Anyone at FER have any thoughts or would like to respond?
FER Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
