"The company would be mad to release substantial news until these have flushed through the system as any news will be sold into.
With this in mind I think news will not be seen until early August"
Why, pray tell, would management be concerned with short term share price volatility. They are not looking to raise capital and, besides, their focus will be on 'building the business', not short term trading like most here. There view will be "build the business and the share price will look after itself"
XPE General Topics, page-3483
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