RE: Surely can’t be too much longer17 Jun 2020 06:10
The Periodic Update was April 27th 2020 identified the focussed 3 strategies to focus on ( though this was decided at the end of FY 2019)
1) BOAGF
2) Warehouse Loan/ Short \term Credit Facility
3) Separate Managed Accounts
AND added "The company has sufficient working capital to complete its strategies, as outlined above"
The Half Year Report was May 28th 2020 contained elements of repeat from earlier comments, so essentially the last update was April 27th 2020 imo
June 8th I sent an email to GS and DS requesting a Corvid19 style update as per other companies RNSs announcements.
June 11th GS responded with.....
Thank you for the note. Trust you are keeping well. We will make announcements and updates when appropriate and as required.
Stay tuned.
Best regards,
Gobind
I still maintain we are due an update on the strategies of 1), 2) and 3 strategies and 4) the marketing strategy.
Apr 27th was over 7 weeks ago. In these challenging times regular updates to the market should be very frequent to inform shareholders that the company is not static or dormant and to boost confidence for the new and old.. The Government gives daily updates on Corvid19 ....I am not asking for that but I do feel we deserve a company update and GS knows that from my response on June 12th.
I await an RNS very shortly..... is that asking too much?
ALGW currently stands at an SP at the close on Tuesday of 1.431p ....a significant drop since last Thurs/ Fri
So yes, surely can't be much longer