I second your thoughts
@Koala1959
I have taken the time to meet with the company twice since Ted has been on board to get an idea of his vision and strategy going forward and needless to say, I was pretty impressed. Planning / strategy mode is now complete, the fat has been trimmed and the business and all of those involved are now in execution mode.
Reading the exert that
@Koala1959 posted again, I came away from my meetings with the company with a high level of confidence that the messaging that is being delivered, is what is occurring behind closed doors and it's only a matter of time until it yields results.
The reality is with the share price, we are probably going to see weakness until the end of June, thanks to tax loss selling, so for those that are keeping the faith, it may be worth considering what this volume means in terms of opportunity to average down.
Ted is on the hook in terms of stock now personally having pre committed to buying at a VWAP price much higher than the current level (~$0.10), knowing full well that they would be down on paper 75% before they even settled.
It will be interesting to see if Ted uses the current share price / volume as an opportunity to top up his holding? That to me would send a pretty strong signal & would certainly encourage me to average down my position.
