RE: Email sent25 Jun 2020 13:09
Seriously what could they do other than make statement indicating they feel the market is not valuing the business correctly.
Only director buying or big (...er than £millions profit!) news to blow out the shorting will make any difference, possibly, the news yesterday created no volume as people do not believe the share will go up as sentiment has been neutralised, we are perhaps in a stalemate situation now, so hopefully only way is up in time.
I still feel the price is not a concern to the directors to be honest until JSE listing of course...
I have my holding and would like to buy more but find myself holding as I do not trust where the price is going short term, and flame me if you like but I want maximum value for any purchase so will hold perhaps until we do see a significant movement as I am 50% underwater on my 2 year investment already.
The business is doing great things but the market refuses to recognise this, I do feel in part the way thing have been communicated is an element of this and I cannot believe the current price is satisfactory for the board yet.. schtum...!
JSE. ...IMHO