RE:Stop crying wolf!Hey Ralph.
I respect your calmness. Nice to hear from you.
I'm not saying that they misused the funds for Q3, on the Cash burn, nor assuming something negative. I just wanted a better and real explanation for the use of the Q3 $377M. Nothing wrong with that. The problem I have as you said is, that their track record isn't very good at expalaining, where they are using the funds. This comes from the past management's cover up. I just wonder why they don't disclose where the cash burn is going to? What's the harm?
I too believe that the new management is great and will get us to promissed land. One Quarter at a time. Fingers crossed. Cheers
raphaelle2 wrote:
I know that " ounce burn twice shy " could apply to BBD...but its not a reason to imagine on going conspiracy and questionable behaviour. BBD IS NOT YET PROFITABLE. The banks following BBD forecasted an average adjusted lost of 5c per share. Recent Q3 results came at 4c. Difficult to be more transparent and predictable than this ( what everyone on this board has been crying for!). Concl: there was no unexpected financial events during Q3. As far as explaining in detail where and how they are managing the co...I leave it to the specialists. I focus more on their progres to deliver their 5 year plan. So far so good. GLTA.