Manx Financial..20 Mar 2014 21:14
This share price should have headed towards the 30p range after the fantastic results. The let down was in the chairmans and CEO's reports. Their statement , albeit meant to be positive, infact stated the current NAV and the likelyhood of increased competion which is 2 years away. The board should have made just a positive statement and indicated trading is good and they expect to create shareholder value with strong growth in the next few years.Perhaps shareholders should be calling the board or contacting them to make a further statement via rns to clarify current trading and perhaps even the directors buying more shares.Otherwise this share will head back to 5p(i Hope I am wrong) .The AGM on the 8th is far too long to wait as the sp could drift much lower. Anyone with contacts with the board should give them a quick call. I have tried but my calls have not been returned.The board should get its act together and issue a further statement clarifying current trading, which hopefully is excellent and well materially ahead of all expectations.Put the pressure on the board guys..The sp has fallen because of the ridiculous child like statement in its recent results. The shares are a solid buy but shareholders need to be made more confident or more will dump them.