RE: Oh dear5 Jan 2024 13:10
12:25, thing is, it’s not that the company *can’t* explain where all that money has gone to — as clearly they know perfectly well!! - more that they are deliberately *choosing* not to tell the market what’s happened to it.
that in itself is a flapping red flag, imo; if the money had gone somewhere useful, that is highly likely to generate cash, profits, good RoR, etc, etc, it would obviously be in the interests of the company and its shareholders to explain and publicise that (… rather like the still concealed DFS results and detail…)
many of the more interesting questions in life are those where the answer is not immediately apparent.
more specifically in stock markets, good questions where no clear answer can currently be found, but a clear answer *should* have been made available by the company, are valuable indicators.