RE: Re short positions3 Aug 2018 17:42
Hi Curly Kev, not nice to hear of any person being rude and unhelpful. Problem is, its not illegal. The company need to put their words into actions, then the SP will take care of itself. Unfortunately the track record is not good. Plenty promises but, not followed by actions. Hopefully it will be different with Eric Singer. If you looked at the transcript of the discussions about the YuMe deal, Brian wanted the deal, but not at that time. We then got the puppet from PERK who I believe came in to get that deal done. We not have Mark Bonney and Eric Singer in charge, Most of the old guard have long gone and it is a totally different proposition. Tosca are very quiet and it seems that we are in the normal position of waiting for a positive update.
If, and I do say, If we get that then the share price should take care of itself. But, I must say, I have heard it all before. The commentaries from the AGM were very positive, unfortunately I want them to be heading to the bottom line with profitability and increase in cash.
I have said it before will say it again, if company are genuinely making cash and increasing cash balances to repurchase the shares when they are low would send a message to the market. Time will tell. Too many false dawns.