RE: Flatline23 Feb 2024 13:31
Crafty, to suggest that the actions or lack of from the CEO of a public listed company has no influence on the share price I believe is somewhat naive. I've been in this share a long time, the demise of the SP has been painful, some of the vocal and demonstrable actions of the CEO that only ever give fuel to and compound any negativy has been downright emotionally frustrating. He has not yet been seen to do anything positive for investors in the company. He's a one man walking PR disaster, Lord Allen likely spends any of his alloted THG time giving advice on damage limitation, there are signs that his efforts are making a difference but lets not be fooled into thinking MM isn't a loose cannon.
This said I do believe that MM does have a certain skill set that can eventually drive the company forward and in turn reward holders. It's just been an incredibly long and tedious hold.
I also feel the current quiet is a calm before the storm.
Let's see.