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"I think most would say managements communication has been a bit...

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FlashFish

1,531 Posts.

152

20/05/18

13:35

Post #: 33216082
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Originally posted by Swift4 ↑

With respect I have to disagree with you on a few things.
After playing the market for 20 years I have seen companies go quiet before, while the big boys get out retail are left with a company falling apart.
Most that have been burnt a few times deserve the right to be a bit sceptical and question.
I think most would say managements communication has been a bit slack now for about 6 months.
Sure there are things they can't tell us, I get that but most of what was said probably could have been said some time ago.
You say managements minimalist approach was to stop shorting. Disagree again I think it did the opposite.
In the end there is more a company can do to deal with shorters than staying dumb. That's just dumb.
Another thing I picked up on from watching the video was Tony saying increase in cost in DFS was due to higher contingency. Can't remember his exact words but I got a feeling costs were very realistic if not over estimated.

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"I think most would say managements communication has been a bit slack now for about 6 months"

I think you mean communication to retail holders.

GXY Price at posting: $3.24 Sentiment: Hold Disclosure: Held
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