CFO 0.00% 1.9¢ cfoam limited

Ann: Completes non-dilutive funding for Phase 1 capital expansion, page-19

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  1. 1,306 Posts.
    lightbulb Created with Sketch. 20
    Look the price rises when they do an announcement promising navy contract within weeks for example and slowly drops when it don't happen.

    They have released many promises over 18 months that created interest but have failed .
    This is very normal market reaction.
    What the problem is the continued failure of management to deliver anything but reduced production, reduced sales and a sub standard product.

    When Alain was appointed the sp shot up to 40 cents cause he promised plenty and was going to communicate better with shareholders.
    He has produced jack and refuses to communicate. He has been at cfo for 7 months now. And seems to have taken over as leader of the touchstone cheer squad.

    If they ever deliver the buy vol will take care of any perceived playing.
    What can we do.
    Send the bludgers an email saying you are not happy and if they do not perform they should step down

    The board fot free shares and rhey get acwsge. And delivered nothing
 
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