Not sure poor old Stu knows how to build any momentum ahead of the Croda launch, no mention of royalties or the early revenue received in 2024. No idea how to write a RNS and the SP nosedives as a result. Well done Stu, at least Mad thinks you're doing a good job!!
These are half-year results to Dec 24, not full year results to June 25. Guidance states they are on track to meet full year expectations.
Has anybody worked out whether we received any revenue from Croda for the early royalties that SA said we would receive by Dec 24? Could be in the debtors asset on the balance sheet?
So we have 4 trading days left for Stu to publish the results, 10 trading days until the Product launch by Croda/Sederma in Amsterdam. Now we all know, due to the NDA, that Stu cannot mention anything about the Product launch. That's understandable but he isn't embargoed on announcing the results or providing guidance on the outlook for 2025. He could also let us know whether he is even attending the Amsterdam launch (is he allowed to under the NDA?).
But what does he do, sits in his bunker for 3 months not a single word of encouragement and total silence.
Luckily Elrico has kept the interest going with his regular updates and we all thank him for that.
Let's hope we hear something within the next 4 days.................
Results or share suspension, your choice Stu. Could go either way based on his lack of communication to his shareholders. 3 months of silence, shocking.
Question: Is Stu deliberately delaying announcing results or has he and Manprit got too much to do following the acquisitions that he has underestimated how long it would take him to pull all of the information together and get his ducks in a row?
He has to announce them by close of business on 31st March (next Monday) or he flirts with the shares being suspended.
WAKEY WAKEY Stu, tomorrow is the start of a new week & you only have 6 days in which to share your results. I'm sure you are aware of that, so pull your finger out & start communicating with your shareholders, there's a good fella.
ASX listing can't come soon enough, a change of name to Greatland, consolidation of shares (probably 10:1), ASX tracker funds buying up by their bucket load.
We all know about the NDA Mad, I'm talking about the rest of the business, anything happening there? Who knows, it's all guesswork whilst Stu hides in his bunker. Last year he announced notice of half-year results on 8th March and shared them on 22nd March. This year he hasn't even bothered to tell us when he is announcing half-year results and he only has 6 working days in which to share them. So, he needs to awake from his slumber and communicate.