RE: Share Price Sliding Like Normal26 May 2021 11:28
IoT I find your comments insulting to my intelligence and that of other long term holders. That amounts to abuse. You clearly either have an agenda or you do not understand this tech sector. It has to be one or the other. Because the financial stuff you spout is nonsense.
If you read my posts (I imagine that you may be one of these people who only reads their own posts) you will see that I am broadly supportive of mgmt, but recognise that they are making some fundamental errors in the way they are running Tern. Maintenance of true share value is a responsibility they have to shareholders and they are not fulfilling it. The market is not aware of the portfolio potential, and the response to the recent webinar, when they were informed, is evidence of that.
I have in the past written to AS giving him my support, enthusiastically. I no longer feel that way. Having been here for a very long time, and having been many thousands of pounds underwater, I have seen no increase in value of my investment. It's a sorry track record. I it shouldn't be the case. Relying on ancient NAVs is most of the problem, and a failure to communicate to the market is the rest.
You can twitter on about 'believing mgmt' all you like. I've been here from the start, and I know what's happened. I also know that the share price should be way north of here.