It’s just the age old issues with micro cap investing.
is June share price weakness from tax loss selling; or because something not going to plan in the company....who knows.
We would know, if the CEO was the investor relations type who does presentations every month to all and sundry to get into the press and micro cap investment newsletters and blogs.
But then the CEO wouldn’t be spending the right amount of time working on DFS or visiting brokers and lenders to secure future funding lines.
And do you want a CEO who is a good engineer (to develop the right plant) a good fund raiser (to raise the $500 million needed) or a good investor marketer (to keep the share price up and not dilute existing shareholders) or a good product marketer (to execute commercial deals to sell product to premium customers at premium prices)?
Pick only one, because if you want a manager who does everything well wouldn’t they be CEO of BHP or South32 billion dollar companies, not CEO of <$100m explorer developer.
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