Originally Posted by
moosie_900
[FONT="]Dear XXXX, [/FONT]
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[FONT="]Hope you are well. [/FONT]
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[FONT="]We did a market announcement recently updating the market and shareholders as to where the company is at and some things on the horizon, which in essence covered off our view on the situation you raised. [/FONT]
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[FONT="]Regarding your specific question, from the advice I have received, we are not necessarily able to direct or interfere with how shareholders plan to sell or buy their holdings, or what kind of a time horizon they choose to view the business.[/FONT]
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[FONT="]We are monitoring the situation on going and if there is a way we can facilitate any thing that is in the longer term interests of all the shareholders, without breaching any NZX or other rules, then of course we will look at those options closely. However, I can't imagine there is anything you can do (referring to your comment about 'work with you') to assist this personally.[/FONT]
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[FONT="]The market will continue to value the stock as it does, and because we are a small cap, with a few large holders, sometimes there will be volatility and demand or supply pressure (in either direction) that disproportionately affects the stock price. [/FONT]
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[FONT="]Thank you for following up with me, [/FONT]
[FONT="]Regards[/FONT]
Derek