RE: Nojhead12 Feb 2024 13:09
Noj
The undeniable fact is that this thing is now trading lower than in 2007, now if you're in this for the long haul, as many of us were at the outset, do you not agree that it's a little disheartening to see this "gradual downward trend"?
Duding this period, there have been many things promised by the management (not just AB, but his predecessors) with nothing of note ever being delivered. There are a number of instances where statements have been made which, if taken from a glass half full perspective read as though the company is on the cusp of greatness, only for nothing to materialise; it is against this backdrop that many long term holders are sceptical about anything that the company announces unit such time as its supported by actual confirmed results, and given the fact that, at the present, there is no sign of anything remotely commercially viable, can you blame them.
My view on Ade is that he's a wind up merchant, but can you honestly deny that, on share performance over the last 36 months, he has called it anything other than correct?