TSV transerv energy limited

nngn - yes, have talked but seriously, should each shareholder...

  1. 974 Posts.
    nngn - yes, have talked but seriously, should each shareholder have to ring or email the company for an update or direction the company is heading in. Management/directors hold the bulk of the shares and therefore control the company. However ASIC and the ASX frown very strongly on companies not providing the market with regular updates especially when a joint venture partner is doing so to their shareholders.
    Basically, management need to pull their finger out and give their shareholders a far better style of communication. Those that have researched know of the potential of this company's propects - it is just a shame the company can't provide regular detailed updates to assist in market confidence. Stephen has bungled numerous Anns during the Warro process which hit the share price very hard as the market lost total confidence - as a result SP wallowing at 1.3cents!!
 
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