RE: TPDC KN1 sign off.6 Nov 2018 13:06
The reason for the doom and gloom is due to the complete lack of interest from investors caused by the BOD's inability to meet a single target and a reputation for terrible communication which they are demonstrating yet again. We're 5 months on from the transformational (HA!) farm out and the share price is still in the toilet. We were told EGM in September, and then delayed (shock horror) till November, and now they 'expect' it'll be November, we're now 1 week into November and haven't even been told when EGM will be. If anyone believed a word they said we might have some buyers supporting the share price at a more reasonable level. I had hoped that they would of improved communications after the chairman legged it immediately after announcing the transformational (HA!) farm out but instead they've carried on as is, and we know feck all about whats going on with the farm out, with the EGM, with CH-1, with KN-1 or anything else. You seem to operate on a 'if the bod hasn't told us it isnt on track then all is fine' while the rest of us live in the real world where we have a greedy BOD that are happy twiddling there thumbs and keeping shareholders in the dark, while repeatedly missing deadlines. Shareholders are allowed to be pi55ed off at the state of affairs, just as you are allowed to happy clap your way to broken wrists.