Right now, the general market is skeptical of this CEO due, in my opinion, to a lack of context provided- not due to missed deadlines. Despite real advances we've seen by HAON, the market isn't sure if they should trust the leader.
I don't believe audit completion or dividend were ever required to give this thing legs. Personally, I think the biggest issue here is the CEO has, so far, simply failed to build trust. Delays are part of the game, especially at this level with strapped resources in both personnel and finances. That said, trust goes a long way at these levels. People would understand, but all he has provided is silence re: delays.
Everyone is skeptical of pink companies due to scams that run rampant in this corner of the business world. This CEO doesn't really fit that mold based on his background and his leadership team. And while he may not be a PR guru re: communicating the "Why" behind delays - etc., the company is delivering against it's business objectives.
So I'm still not sure a positive announcement on either the dividend or the audit are required to build from here. I'll say it again, HAON has a major stake in a company that is headed in a very positive direction. The simple fact here is people are underestimating what LTCP means for HAON.
If the CEO would simply build rapport with the share holders and merely attempt to earn our trust, the market would invest. People invest in people; in leaders.
But many people are still on the fence here about this leader.
JMO