Personally I'm beginning to see management of this company as both arrogant and deceptive. They will NOT continue to fool the educated investors and hence the 50% collapse in the SP and a complete breakdown of shareholder trust. Good luck all, we are going to need it!
If management keep rolling investors and giving us BS figures and "jam tomorrow" spins, the market will continue to punish the SP.
I wouldn't be holding my breath.... Month or so, year or so, it just seems to never happen with this company
Hi idg69...... I'll cheer you up. I'm in since 2012 at present sitting with just over 880k of shares, having averaged down! to 3.8p. Fortunately don't need the cash at present, but hate capital lying dormant.
It's become a repetitive pattern over the last 15 years. Management talk the talk, then a string of reckless decisions but nothing ever materialises into the profits that have been suggested and certainly never any substantial upsides for us long standing shareholders. Sorry but management has turned me from a believer into a sceptic. Will also hold in the hope of being proven wrong on this one.
Spot on MW1. Only concern is that to this point management has remained pig headed regarding any input from shareholders. To point that certain decisions have bordered on negligence with our investments ie the current fiasco. So CB can talk about the past is the past but it is actually the present we should be concerned about. PS I'm not saying the BMR deal is a no no but in these situations, facing shareholders and the market is critical.
We been hearing "this is the new low" for about 6 months, as the SP shed 50% and anyones guess how much further
Good move djoe. Really should have taken more heed of Jonmor and his cynical one liners...... He's the only one who called it years ago. I agree about LC but he needs to put his foot down and demand sane direction or this is a lost cause and the SP will continue to slide. Also in the red and pissed because I believe it's all due to poor management not a lack of profit potential.
Still not a word from management and the SP continues to slip..... They never learn or just don't give hoot for their shareholders