Man, have you got it real bad. Are you holding any of these shares?
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Ha ha ... that's not what your pseudonym would suggest. Besides, I think the Public Service has enough on its plate without trying to be the Town Cryer as well.
Oh, I think I have been missed like a hole in the head (as they say!) but that's another story. The real story is Apathy, people will make their own decisions about this and other stocks - based on their own research, beliefs, hopes, education, knowledge, ignorance etc ... not on announcements made by those who think they should be providing a Public Service. It's that market "inefficiency" which makes investing in the stock markets a profitable exercise (for some!). If the market was "efficient" 100% of the time ...who would bother?
However, just because someone may buy a bit of stock - doesn't automatically make them a bull. On the other hand, it is very easy to sling the dirt on a company when you are not holding any of their shares.
To disclose, I too have concerns at where things are at the moment... particularly around a change in solvency/liquidity, profitability, the huge amount of shares outstanding and the changing of the guard. Accordingly, I reduced my holding by 70% some time ago (but still holding a few). Apart from the afore-mentioned, the test for me is whether they can retain a reliable supply of raw material and get that factory up and humming without bankrupting themselves. I really hope they can achieve their goals - they are a good company and have a great product to sell.
Oh dear......Apathy, do you have a twin brother called Balance. Balance also holds the mantle of being a public service provider to save us from ourselves. Sounds like you have sat at the same dinner table - what are your views on SNK, PEB, PRC, and NZO?
BTW, Hubbard's 'title' was not one of self-annointment, it was given to soften the blow of being dumped off the board of the outfit he owned ~100% of.
I see the Harmful Digital Communications Bill passed the 3rd reading yesterday. We will have to be careful we don't hurt anyones feelings and end up in prison or out of pocket in the future. I'm feeling aggrieved by some comments already
:D:D:D
That's the spirit! The have repeatedly claimed raw material supply issues solved but subsequently blame performance on lack of supply. Annual report shows forward commitments a fraction of last year at $1.2m which isn't going to far.
As far as being a 'good company with a great product' $18m of accrued losses over a decade might suggest otherwise....
Here we go...........https://www.nzx.com/companies/SEA/announcements/266554
gonna make a cheap offer, current price is 1.4cps buy
looks like (if fully taken up which is unlikely) 1,071,428,571 shares @ 0.007cps issue. This then take shares on issue to 2,948,332,765 OMFG!!!
So my money would be on a share consolidation 100:1 leaving 29,483,332 shares
BLOOD BATH, imo there has been one massive c@ck here .008 buyer now , next buyer .004 !!!!