top 20 shareholders, page-10

Management are going to have a tough time trying to instil confidence back into this share with the very patchy (or dearth) of newsflow and the fact the last run attempts have been knocked on the head by management actions.

I honestly don't know what is the best way forward.

Is it best to get the dilution out of the way at a huge discount to unrealized company value and then hopefully buyers will return? But this is doubtful as there will be suspicion the shares have been sold to another bunch of soph scalpers.

Is it best to release good news and try to rerate the SP prior to a placement? Also doubtful that buyers will arrive given the past willingness to smash the price after good news, esp with the 20% discount placement hanging over our heads.

Unfortunately the trust relationship appears to have broken down between shareholders and management as evidenced in recent voting.

How can it be repaired? I hope management are considering this aspect of company management.

On the plus side, I think the depth is probably the most realistic I have seen it for many a moon.
I wonder if the recalcitrant propper/dumper has finally sold out and moved on after raping this company repeatedly?
I have a doubt, but also a hope.