For reflection Opel; ‘ …. stupid layers of very costly management… ‘, compared to pharma,/oilers, and miners ADO outgoings are miniscule compared to them, their outgoings multiples of ADO’s MC alone.
By the end of the year with no change in the status quo the sp would be what?, you would agree any new incoming Team would be hard pressed to turn this around immediately, …. it would take time?, yes?, but what of the sp in the interim, that is; the ‘inherited’ sp will do the new BOD no favours in future CR’s, especially with the Company’s past history.
Rarely, in my experience only, is the strength of the IP questioned, it seems to be a common denominator among many penny dreadfuls of IP that is breakthru’/superior ect to existing IP yet these Company’s fail to realise that potential, and the blame is largely attributed to their Failure to bring this about.
One thing CEO’s have not failed in has been their ability to ‘sell’ the Company to RIs, true transparency will never be disclosed, only the positives will be highlighted, enough so until such time the true worth of the IP is either proved and sold accordingly or the opposite.
One more thing for reflection Opel; how many of us here, on HC, would have been far better off not knowing of it, information sharing is fine until such time Key Opinion Leaders influence RIs by further reinforcing Company spiel, DYOR, IMO ect aside. Rather than a measured response, at times, any contrary opinion is attacked, eg; ‘bed wetter’ ect, ect.
imho, cheers mate.
ADO Price at posting:
1.3¢ Sentiment: None Disclosure: Not Held
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