Hey CB, congrats on your continued determination to focus on and post, what positive information regarding ADO that you are able to identify.If you are not already being paid by ADO, you should be, as your regular posts seem to exceed anything that the company provides us.
I must highlight however, that your posts also go a long way in justifying why many of us are so disappointed in the current managements performance.
For example:
"just to preface this post the sp is 1.7c and the market doesn't believe in the progress of the company”
Facts:
1. The share price is only 1.7c, this should not be trivialised.
It is the major concern and continues to trend the wrong way.
2. The market definitely doesn’t believe in the progress of the company.
This is also a major issue and whose responsibility is it!
The CEO and board are very well paid given our market cap and it is one of their key responsibilities to ensure that the market does understand and believe in our progress
Also, we then have the positive information that you post. It’s great for HC members, but we only represent a small proportion of the shareholder base.
It’s as simple as the Investor Relations department emailing all share holders a regular news letter - all they would have to do is read and summarise your posts!
An example is your previous post regarding DR’s presenting at the ****** Investor Connect Sessions. How good would it be if ADO told all shareholders and then sent out a link showing presentation.
I should also, highlight the abysmal attention, in my experience, given to share holders that make contact with them through their website.
The last two emails that I sent them, with simple queries, were not answered or even acknowledged.
I would use a comparison here with another company that I hold, NEU, which currently has a market cap of $1.8 Billion .
In their case I sent an email through their website, questioning the possibility of a share buy back. I not only got a prompt reply, but from their CEO, Jon Pilcher and he took the time to explain the boards poison regarding the issue. This, in my opinion, was the gold standard for shareholder appreciation by a CEO.
Any way CB, please continue to post your research regarding ADOs progress.
I will continue to read them with interest, but please accept that those of us that are disillusioned and disappointed in ADO’s performance, have every right to be and there is more than a little justification for constructive criticism.
We should all agree that things need to change for the positive and quickly!
(20min delay)