AGM 0.00% $1.60 australian governance & ethical index fund

well done beards, page-7

  1. 3,841 Posts.
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    The SP probably has been driven up on rumour and speculation of a good announcement, not an announcement of things that are already common knowledge. One thing the Directors here have always done is never over talk the facts and not make a big deal out of minor things just to keep investors believing.

    If you promise big, you'd better deliver big. If you make reasonable promises, and deliver big, then everyone is happier for it. The beards make reasonable promises. Maybe the plant will be delivered earlier, but isn't it better to make an announcement of a delay now, rather than 3 months before expected production date? The way I see it, people here pay out the guys whatever they do, people complain about not being informed regularly, and when they keep you informed, everyone whinges about the content!

    I for one, see this is a potential buying opportunity. Christmas time is always a bit slow for the smaller stocks. If you have spare, its a good time to top up or get in!
 
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