Whatever the intentions, the point is: there are complaints, and generally when complaints pop up - whether at work, home or elsewhere and even if in a minority (a minority doesn’t imply that the majority must be right btw!) - then people and in this case management should listen and address them in a way that, whilst not 100% perfect for everyone, is as close as possible to that.
They are doing an excellent job winning contracts - I don’t deny that and yes they are nice and rosy about it though hardly busting the news out to the major media. But they are doing a hopeless job at managing the share-price manipulation. They could do it in a manner that suits ALL supporting shareholders. They could find a way if they put their minds to it of satisfying not just DMRJ but all long-term investors. However, they don’t and they have given the impression at shareholder meetings of not wishing to properly discuss or inviting solutions associated with people’s complaints about this or the associated relieving of the debt.
Why are there not more complaints, some ask here, and why are the resolutions passed so handsomely at annual meetings? Regarding the latter, considering who owns most shares and what's to gain, that’s a given shoe-in. As for the former, I guess we’ll never really know whether the switchboard is lighting up or not at shareholder meetings but it is convenient and easy for any team to control proceedings and limit such prickly questions. Not every call needs to be taken you know. I wrote them prior to the last shareholder meeting - for the reason that I couldn’t manage to call in - but my concerns were hardly addressed and received no written response either.
Maybe they feel they can be aloof because they are winning so many contracts, but bottom line is: a share price which used to be 1.80 is now 60% down on week after week/month after month of positive sales. And that is a joke. It’s like hitting winners one after another at the US Open tennis final but not being given the points. In this case, the umpire is the management. The match is good, they’re making sure the show keeps running but when there are boos in the crowd because the score is incorrect, they deserve to be highlighted and rapped over the knuckles for it.
If they don't care then they ought to have stayed a private company in the first place. If they do care, they should openly and publicly acknowledge a willingness to restructure debt, show a ambitious willingness to uplist to a better exchange, shout a willingness to highlight their winning streak to the media at large so that investors start noticing more, and finally, a willingness to demonstrate complete and balanced managerial skills, not just one-sided interests. That wouldn’t take attention away from continuing and driving a platform for sales success, but it will give the chance to attract alternative and additional public and private investors, and that will help the share price up to match those increasing sales. The supporting of a company’s innovation over several years should not be punished, it should be rewarded, regardless whether that support is from large institutions or mom-and-dad investors.
