This article receives my full support. The author correctly states that Alphaform has suffered from bad management and as a consequence has been a "destroyer of value". I wouldn't know how to come to a different conclusion when looking at their numbers.
Gary claims in post #1637 that "this CEO is no dummy". Hmm... He might be right when it comes to the US listing of the stock - there's a great chance that US investors will provide Alphaform with the capital (EUR 10M ?) it needs for the planned restructuring; frustrated German investors would probably not have invested any additional money into the company.
This case seems to me like an analogy to what was called "stupid German money" 10 years ago, just that the money is now flowing into the opposite direction. Sorry, now I am cynical.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.