Announcements are not bad but management needs to do proper road shows to keep brokers/market informed/excited. They did road show recently but net buying after was negligible. Tell tale sign of something not being delivered correctly. Investors are restless and dropping stock. Management good technically but does perhaps not grasp how the market works - although the last few months should give them a good indication that what they currently do is clearly NOT working. These guys need a good corporate advisor group to help prepare their presentations, work on presentation delivery and organise meetings with the right brokers. Simple things can make a big difference. If this continues, people will be falling over themselves to get out notwithstanding reasonable business results.
DSE Price at posting:
6.0¢ Sentiment: None Disclosure: Held
