RE: Hmmm24 Jun 2022 19:35
My take. The communication has been SO bad it has to be deliberate. Given the, let's face it, brilliant job they have done to build the Company I think it's fair to say they are not stupid.
Originally I thought it was because they wanted to wait until a JSE listing so their mates could get a piece of the action before they released news that would send the SP up and I still believe there is some credibility in that view.
However, a number of events happened to delay that. Most notably Covid but also Eskom moving at the pace of a stoned slug.
Who knows how many non disclosure agreements they may have been subject to. Not just from Eskom but other Companies that couldn't disclose info' due to various reasons.
Two RNS's this week gave me hope that maybe the expected avalanche of news is finally about to appear and I still think that may be the case but I am convinced that whatever the reasons the bad communications have been deliberate.
I added 36,000 shares this week at 6.9. On top of my 9 year accumulation of 500,000 at a shade under 100k spend.
I'm either a genius or a moron. Only time will tell but I'm comfortable with my choices at the moment.