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Can't read most of the important information on ADVFN due to Institutional investor's schizophrenic rants.
The resignation date basically buys Russo and Taylor enough time to sap the life out of the remaining finances and anything left valuable, they are smurfs. Don't be fooled, we must push for an earlier resignation as i fear they will employ scorched earth tactics, leaving us investors empty handed.
Stock Sensei, I'm expecting a strong bounce back from BATM, and quite frankly thought the SP would have been a whole lot lower than it is right now. Once tensions ease I'm assuming the 30's would not be out of the question. I just hope we can really start to get the ball rolling soon as i could be making more money in a savings account...
Left this alone for a few days and after reading Chillbrandswatch.com, there seems to be a whole lot more to uncover than just lazy ownership. Just furthers my interest to vote out Russo and Taylor at the drop of a hat. If not, i fear we may enter bagel land.
From a shareholders point of view it would be particularly 'brain dead' to vote against the resolutions. Once resolved i believe double figures will be achieved within a short period. Lets hope callum can get back to his usual ways once reinstated.
Really positive stuff coming from BATM recently, sounds like they're getting their act together. Of course the SP does not accurately reflect this but i'm sure it will in due course.
This extract for the chillbrandswatch website is particularly interesting "the duo has raked in a whopping £2,299,046 in compensation for the three years from 1 April 2020 to 31 March 2023, a hefty sum that stands in stark contrast to the company’s colossal losses of £14,849,695 over the same period". Basically exacerbates how badly we need to vote them out at the next GM.
Lysonden i like your enthusiasm however i fear that it won't be so simple!
Oppenheimer does have a clear agenda with statements suggesting that bagel land is around the corner. Whilst this is not completely out the picture, i don't think this is possible if callum is reinstated in the near future. In fact it will be interesting to see how far the SP jumps if he comes back soon. Despite the negativity/speculation surrounding Chill Brands, i remain very bullish for the year end. Will be increasing my skin in the game quite soon.
Buysellfred, there is a high chance the two unknowns will refrain from running the business into bagel land like Russo and Taylor are doing. At this rate, us investors are just waiting for the dead cat to bounce if they remain on the board.
My biggest concern is that Russo and Taylor have no plan to align their interest with ours, as seen with the suspension of Callum.
As RKB mentions, we MUST be voting to remove them if we are to see positive change surrounding Chill Brands.
We would be foolish to assume board member Scott Thompson and co are acting out of objectivity but rather Callum has done nothing to p*** them off and they are sacrificing the integrity of the business to get a 1 up. Once they see how badly the business operated without him, he will be reinstated.
Not disastrous news but definitely a hindrance to the business with Callum on suspension. Will be interesting to see how events unfold, I believe the corrupt crew in charge will have to come to their senses and reinstate Callum. Once this occurs we can see some positive SP action
Karlvonwise, i agree and the whole thing seems unjust. The suspension of Callum has led me to check share chats if others feel the same way. I don't understand why the founders would want to get rid of a CEO with the right skill set who was turning things around for Chilled Brands.
I do think that is a significant factor and i'm pleased to see BATM's contract obtainment coming on nicely. If they keep the ball rolling/tensions ease in the middle east, i believe the share price will correct itself in due course.
Glad to see yet another contract obtainment by BATM showing that they're on the right track. This is exactly what i was hoping for when they announced their contract renewal with CEMEX.
Yep great news with the announcement of the new CEMEX contract. As i noted on ADVFN, this is exactly what i want to see with BATM announcing contracts regularly. Hopefully this will get the ball rolling with the SP correction.
Couldn't agree more with his statement, the SP is horribly undervalued and has been for some time. Lets hope some corrections are made soon
Yes so much potential with Edgility and paints a promising future for BATM. As mentioned before we just need more news regarding contract obtainment etc to start the sp ramp up.
Averaging down nicely, as you mention this is a solid growth stock and its very promising to see an increase in gross profit especially with the current situation in israel. Look forward to see where the company is in a years time and hopefully have doubled my money!