John Barr14 Dec 2019 08:35
John, 2019 will soon be over and we will be limping into 2020 with the lowest SP we have ever had - this is unsustainable and with al of the positive progress this year unjustifiable. Long suffering long term holders have bankrolled Mosman but in return have seen mismanagement through misunderstanding of the AIM market - these shares run on sentiment, on the prospect of success and excitement of imminent ROI. The only thing that will turn this around is a sudden sharp shock, news from our potential JV partner that justifies our investments vicariously through theirs. No ambiguity, just a raw solid investment from a third party who sees the same potential we do.
I know to some extent this is out of your hands but it stands to warning that unless the incoming news is of magnitude the SP will continue to stagnate in 2020, to the detriment of all the hard work going on behind the scenes.