Joint Venture urgent!22 Sep 2015 20:24
I find the lack of communication with shareholders to be very disappointing here. Most other companies on AIM provide updates, timeframes and forward statements. CGNR appear to ignore shareholders whilst stating always that it's "your company". It doesn't feel like "our" company as the disconnect with shareholders is a common complaint here. The company never answers any questions regarding funding or joint venture,, choosing to skate over the issue. It is obvious that this is the most important issue and has been for some time now. I am sure this will come, however credibility is suffering big time at the moment along with the share price and the loyal shareholders. One can see how the company is being perceived by the market/the city as a lifestyle company with a hint of academia. Is management conservatism holding the company back? Major steps need to be taken and I have faith that those involved will take them. But nobody is getting any younger!