RE: SP25 Nov 2018 10:09
One can not knock VanVan's enthusiasm on here or on Advfn as Plasybryn, and I have applauded him for it many times. But I have lost count over the years how many times he has said it can't be long for this, that and the other to positively affect the SP only for it not to. You can go back to the start of this year and last year and you will see I (soulsauce) and Plasybryn having the same argument and discussions and disagreements about the broker (who is still to show his hand). The company said in the interims it was working on improving shareholder value yet we are still waiting to see how it is going to do it. It must as a matter of urgency as I said the other day with the exception of a few waves, this has gone nowhere in 70wks since the disastrous last placing for whatever reason, may be a number of reasons.
For that reason I have respect for DJ's position. The company paid themselves a token dividend last December so why not shareholders who at the end of the day are in this to make money.
I am not saying it will happen or should and certainly not at the expense of raising more money BUT the company has to find a way of getting the SP up and changing sentiment.
Regarding in4cedros he backed the company for many years and he and I had many a good humoured spat on here and difference of opinion. It just took him longer than I to have an awakening than I lol. Just because he does not own shares at the moment should not be a barrier to him posting. I only own a small fraction of what I used to own and don't see why that should have any effect on opinion.
All that said I think AAU are probably in the best position they have ever been in. I am at a loss to understand why the share price is not increasing but sentiment was well and truly shot and it does take time to reverse that.They must find a way, however, to start getting the share price up and hopefully pressure is being put on the broker to get a note out to the masses, if they can be bothered.