RE: 20 posts in 12 hours1 Nov 2024 10:49
Ah the good old "they are evil" argument.
If I were you, I would print the comment below, laminate it and read it aloud several times each morning.
CrustyPete
31 Oct 2024 19:53
Posts: 15,823
Price: 13.375
Firstly EE being in control of events is one thing EE, what expectations you choose to communicate to your shareholders is another - the mistake of the previous company mentioned was BoD that you refer to was, that whilst they may never have been in total control of external events, they refused to admit or convey that to shareholders and were perceived as being guilty of overpromising and underdelivering - I had rather hoped that the Scancell BoD were a little more mature in their approach to investor comm's.
So whilst I would not expect "control", EE, but I would certainly expect them to be"well-informed". As I alluded to earlier at this distance I would have expected them to be somewhat more definitive about their expectations; the end of Q4 is only 8 weeks or so away... I would have hoped and expected them to be at least aware of how things are progressing towards that Q4 target. If, even at this distance, it is as you say "beyond their control" then what is to give us any confidence that Q4 is even remotely realistic? If it is likely to be late, I rather hope the BoD will engage in some "expectation management" rather than just let us and the market just swing in the wind.