The only issue that I have with DC, and I have been one of his most supportive holders, is his reluctance to address shareholders concerns regarding keeping us updated.
I have brought up this issue with him on a couple of occasions, at conferences that I have attended, and also at the AGM a couple back when Spec was also in attendance.
As we know, he does not see HC as being important and does not see the damage that happens to the sp when holders are not more informed. The idiots like us who contribute to HC represent only a small fraction of the people who read our posts and form an opinion of the company from them.
Few modern share buyers would now buy shares, I feel, without reading what the holders have to say on HC.
The problem as I see it is that the sp dwindles to a point where when we do get good news, the price has a mammoth hill to climb, that would not be there if the price had been more supported with regular information.
The shareholders need to be informed when something is not going to happen which they previously were told would happen.
The shareholders want this and should be able to get it.
Lockitt
PIO Price at posting:
1.5¢ Sentiment: None Disclosure: Held
