Open letter to the BoD18 Jul 2023 08:38
Hi, a moment of seriousness, I decided to write an open letter since ,I have mentioned my esteemed fellow shareholders.
Open letter to trackwise
Dear Sirs,
I hope this letter finds you well. As a positive shareholder, I want to express my appreciation for the hard work and dedication that your team puts into the company. I have often defended the company to disgruntled shareholders who express frustration about the lack of information coming from your end.
In light of the current situation, I would like to propose a compromise that could benefit both shareholders and the company. It is no secret that you may require additional funding in the future, and in these circumstances, it is crucial to maintain a positive sentiment among shareholders. With that in mind, I suggest that you consider releasing news, especially when it is positive, rather than burying it amidst negative developments as a means of mitigation. This tactic often leads to a further decline in share prices.
Allow me to illustrate my point with an example. If the news about OEM B had been released on its own, investors would have reacted positively, potentially causing a surge in the share price to at least 2 pence. Even if a subsequent suspension had caused the price to fall to around 1.50 pence, it still represents an improvement over the current situation.
I would also like to mention that, as a hobby, I have studied predictive analytics and have gained certification from a reputable university. I believe this background provides me with insights into market behaviour and the potential impact of certain decisions.
I kindly urge you to take this suggestion into consideration, as I truly believe it would be beneficial to both the company and its shareholders. Listening to the voices of shareholders, particularly those who are supportive and have taken the time to understand the market, can contribute to stronger investor confidence and, ultimately, success.
Thank you for considering my proposal, and I am hopeful that you will recognize the potential benefits it offers. I genuinely believe that implementing this strategy will result in a more prosperous future for our company.
Sincerely,
Karl Von Wise ( Not my real name )