What's going on with VXL?, page-4

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jmcmillan8

218 Posts.

23/02/15

14:09

Post #: 14802229
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Originally posted by m0ngy ↑

cracked investor recently posted that he had never seen a company that had performed so badly in terms of it share price and yet was overwhelming supported on this thread.
I admit I don't understand the extent of the negative market sentiment which isn't to say that i am swayed by some of the responses to my attempts to explore the fundamentals. I also note how personal my attempts to explain the falling SP have become to some holders. I'm not sure if there is something 'missing' that insiders know about and we don't, but I'm open to the idea.
The problem here is that while the share price falls and this thread praises management, the management are not coming under the scrutiny they should. The primary purpose of management is to grow share holder value, our value and that's not happening. (yes i know there are some smug holders who delight in telling us that are still 100% up).
I really object to the posts that tell us how wonderful management is when the SP is in free fall. The company should have been hammered at the last meeting and share holders should be demanding answers. Is there a CR coming? What are the actual sales figures? What does the profitability look like going forward? etc etc.

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agree, the story sounds good, presentation tells a good story FS and forecasts look solid but SP keeps drifting down?... perhaps March qtr and some coverage could shine a little light?..

VXL Price at posting: 38.0¢ Sentiment: Buy Disclosure: Held
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What's going on with VXL?, page-4

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