I've been in the stock since launch and always believed however watching it decline gradually and the amount of money paid out to previous management I'm starting to lose patients .
New management said that due to the first strike they would take that on board and listen to shareholders ,, well they haven't really as their up to the same old s**t again .
I always said it would take new management at least a year to clean up the mess and Bert is very well qualified to do so and they seem to have big plans for 2018 but it's the same thing again (so far ) .i understand that it takes money to lure good personnel but can they not go a year without a bonus ?
What if they miss their 55 percent growth target ? The sp wil get hammered again yet management will probably still get a handsome payout as they will probably have achieved a large percentage of their targets ., which in turn will push us deeper into the red .
I'm not trying to downramp , this is just how I see it .
The bottom line for me is I can wait another quarter or two at most and if their not on track I'll have no choice but to sell at a huge loss
YOW Price at posting:
18.0¢ Sentiment: Hold Disclosure: Held