Just bumping this - the woeful share price continues, a disgrace. The market remains completely unconvinced by BAT, and there are no quality institutional investors are on the register. Market cap ~$50m, an absolute penny dreadful. Suffice to say the Morgans and Hartley's experiments have failed - their coverage is also hopeless. BAT management appear to be experienced and look like they can build a mine, but to be honest - I don't think they understand equity markets (despite having all this great experience on paper) - share price is the obvious indicator.
To date, investors have just been continually burned. BAT has got to get its act together.
For discussion
BAT Price at posting:
5.5¢ Sentiment: Buy Disclosure: Held