ALY 0.00% 0.7¢ alchemy resources limited

somethings up?, page-17

  1. 3,010 Posts.
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    Thanks Pete. Already in this one for a a couple of years and have a reasonable stake. Don't subscribe to the view that management/directors are just bleeding the company but best way to overcome that sentiment in my view is to get info out there about what you are doing compared to what you said you would do etc and let shareholders make up their minds.

    I was surprised at the AGM there was no address etc about these things even though it wasn't long after the september quarterly update I still think one was warranted - thats part of the chairmans role.

    When the SP is drifting south shareholders like some reassurance that the strategy is still going to plan - which breeds patience.

    Good to know they have enough cash and no plans to raise any for the near future. I'm alway concerned about a lurking CR in companies like this which often come with little notice.

    Just my thoughts...
 
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