A rally is probably overdue. However, I bought the shares thinking the new CEO would turn the company around after the share price had hugely fallen. The share price soon went down by half. We have just witnessed the second act - that is - to halve it again.
There are no new products. There has been little progress on opening new markets and none not already in the works when I bought the shares, Divs have been cut to zero. Patent protection has been overturned. The stock has been poorly promoted, using virtually the same presentation trotted out at the AGM. Management continues to be secretive.
For all of this hard work the CEO and CFO are given a really whopping pay rise. Staff are paid large bonuses.
Yes - an interesting company.
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