I have given myself 30 seconds to address the elephant in the room.
Disclosure irregularities confounding poor performance.
Taking an altruistic slant, the thing that stinks is that, the larger players, the insiders and those close to the company appear to have known for a long time that Solar Systems was dead in the water. At the same time it appears that the public information regarding the status of Solar Systems was materially different.
Anyone who understands the sector, technology, commercialisation, could see a mile away how the Solar Systems story would end. In recent time the Silex share price has fallen so far and is now largely supported by cash, however, this merely masks the magnitude of value distraction that has occurred at the hands of SLX management.
I have attempted to share what I considered to be objective opinion on this topic, however, was smothered out. That is ok. But for those still reading, learn the lesson.
Some of my posts where I raised some serious concerns are outlined here.
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For the sake of all shareholders, I hope that Paducah comes through for SLX, but this should not be a reason to improve things on the good ship SLX.
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