RE: Well, looks like kat was right again ...23 Sep 2024 14:25
Agreed chaebol, with confirm from Tim it’s strange they haven’t said anything more, However technically they have said it is already doing substantially well in the annual report, so probably don’t feel the need to say it again. Very similar to Wellesley being appointed CEO. Ever since the semnet aquisition they updates have been few, jack bai owes the old directors of semnet nothing but get the feeling they aren’t saying much until those shares are issued to them end of November. Which co insides with easysend contract and interims. I hope that’s not the reason but like others I agree there is a lot they could say to recover the SP. Like that the Angra global business and GS20 have continued substantial growth up to the end of Q2 like finseta (cornerstone FX) did and caused a two fold sp growth there. But then again they are in this for the long game and I’m certain or a major recovery moving towards the interims and am happy to wait but it is possible we could be waiting a bit for news. The more investors that email tim who speaks to the board regularly the more pressure they will get.