RE: We wait on our leader17 Jul 2020 10:09
If you compare ALGW with ZEN - a company I briefly owned shares in, news flow is very different.
Removing price monitoring exercises ALGW have put out about 8 company RNS. ZEN on the other hand have put out 50 RNS.
In the case of ZEN these relate to financing projects, doing deals, greasing palms, raising funds, lots of director share buying. You’d think the company was doing really well...
... and yet the company is mismanaged and dying.
Ergo, you shouldn’t equate RNS activity with success. In addition I wonder if a delay is due to coordinating a joint announcement where ALGW have to wait for the parent company before proceeding.