RE: Rabbit2 Jul 2020 19:48
Theres a few reasons imv.....
LR would rather underpromise and over deliver. Hence market unimpressed with available commentary. This must change!
Lack of numbers is historic and continues so market simply does not have to reward and will wait to see numbers first.
Historic record of delivery and strategic faux-pas under SL. Not least years of litigation we lost!
This will take a while to dig out from under, putting in place an new regime (done) and then building up a track record (work in progress).
Key drivers not delivered yet. We have ce Mark and contracts etc. Non of which translates to forcing increased market value TODAY! We have to actually deliver bottom line news like numbers, revenue, b/e or material news that is a sizeable win. We have things in place - French distributed, new products, ce Mark etc. Market says great, and?