Brief News Release on Acquistion Progress Is Needed
The time is certainly ripe for some sort of news release on how many companies are being considered or an estimated timing of the decision. Despite the fact that a corporation is an entity unto itself, MOL has shareholders who have financed this operation and regular updates (more than the querterly reports) are needed and expected. Considering this stock once hit $7 Cdn, this company owes an explanation greater than the world economy has pushed down prices. What is it doing to regain those once lofty heights of value?
Sorry for giving a bit of a rant but, I'm sure most would agree that communications with shareholders is a key component of accountability. Especially when the stock is hovering around its historic lows!