Thursday, February 01, 2024 4:29:32 PM
Good competent management would release financials when they are due. We are still waiting for the 2023 June Quarter results. Stockholders are entitled to know of the Company's performance (good or bad) in a meaningful and current manner. Poor results can be accompanied by appropriate explanations and excuses. Shareholders expect and are entitled to be kept informed of the Company's condiion.
To be long overdue reporting results in order to "protect" shareholders and the share price is the mark of a third rate Mickey Mouse outfit run by charlatans. There is no good reason for keeping shareholders in the dark and it is a dereliction of the Directors clear duty to do so.
Shareholders who say the Directors know what is best and leave it to them (maybe give a little bit of guff now and then at their pleasure - such as re-run old results and waffle about a leaking roof) are self-deceiving fools who don't know their ass from their elbow (or their sore shoulder).
Where are you Walt? -
The Open Road goes to the used car lot.
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