RE: and like24 Nov 2020 09:10
Unfortunately the Board / Management Team have lost investor trust with their finger in the air timescales. They need better Advisors, or they need ti listen properly to the ones they have. Kunwar is a scientist and is probably not best suited to managing the timing of corporate actions. I am not sure what Gabriele does on a day to day basis, it almost seems as if it is a personal lifestyle business for him. Ultimately they seem to over-promise and under-deliver to the market, which is why the market is behaving as it does. A few months ago they sent out an RNS saying they were de-listing in London altogether, followed a few months later by a main market listing.
These mixed messages, pullbacks, reversals and over-egging the pudding must surely be unnerving to institutional Investors.