RE: Frustrated30 Nov 2021 08:12
I think that Cathal has learnt a great deal of lessons, highlighted by the fact he was doing 1+ presentation a week for a significant period of time but all it has done is land him in trouble with the PI.
My only real problem is that he is very happy to hype up something good but silent when it doesn't come to fruition or gets delayed and it allows people to begin to think he is just lying. People need to trust him and that involves also speaking out when things don't go perfectly and allow us to understand why. "I was expecting covid characterisation to finish this week, hence my comments about transformational news, but the government has requested an extension. The work will still finish but will be delayed slightly" would be a lot better than "transformational news in the week ahead" followed by "......." Is disheartening. We just need greater transparency to reinvigorate trust in the main man.
I totally appreciate it is a thin line to tread in that he also knows that private investors are often fickle and very often stupid and he doesn't want comments to crash the share price but it's a line I think he could read a lot better than he has done, and to his credit I think he is already doing that.
I will defend his nasdaq comments though as a merger or buyout are alternative ways to be listed there and it makes total sense