Re: take a closer look-Phil
in response to
by
posted on
Feb 17, 2017 03:51PM
We're all very salty about the SP. I don't think you need to defend it so vehemently mo, we all know the potential and know how badly we've been screwed by management.
They cut us off at the knees and expected a thank you in return. Mentioning things like "EBITDA positive in ... X years" in the future was an amateur move. Announcing the need for a PP without any details was an amateur move. This whole "platinum investors" is an amateur statement and sounds like Trump-speech/1984-speech ("alternative platinum investors"). For those reasons I am content that Mika shut down any communication apart from what is legally necessary. Of course it is just as infuriating that there is absolutely no accountability and no communication. Who would ever authorize or condone any of the above? Why wouldn't IR say, "if we need a PP, let's set it at the current price of ... $0.70"?? Worse than useless.
*Breathe* I do believe that the future will be bright if we can hit some technical and commercial milestones. Management will need a new strategy and possibly a new IR team to translate these milestones as they still do not get that the NR should be technical but also decipherable (I think the last handful of NRs have had great translations from Agora board members actually).