RE: Shorting4 Mar 2022 09:07
Whilst I agree with shorting being a factor I also think AS has to take an element of responsibility here. Every time he does a presentation we tank. Confidence is deeply eroded here- not so much in the technology but the management. Constant missed deadlines and poor RNS's have eroded shareholder confidence. The last interview basically said no news for a while so move your money elsewhere until I have something worth reporting. Unfortunately he seems to speak before thinking about how the market views his comments. The next issue will be the financial update which will bring in the trolls spouting about a placing being needed... yawn!!! AS keeps talking about shareholder value but does little to support it. I look at the Sp and think who the heck would sell at these prices with what might be round the corner but the reality is it will be disillusioned holders. Some of my other holdings have plummeted due to Ukraine- some have issued solid updates and directors have bought to help with investor confidence. AS has done nothing of note. Yes- we're all hoping that AVA6000 opens the floodgates and that we see some positive news from diagnostics but from my point of view sitting with an average over £2 and seeing the current share price is painful in the extreme. Still believe in the tech and hopeful in time we'll get back to fair value and beyond. Not calling for AS's head..... calling for him to start using it when he engages with the market. Sorry- not meant as a deramp- just venting frustration.