First order of business they should replace the CFO.... Trying to compensate a Cfo 's weakness by hiring LSA is the wrong approach.
quote=scarlet1967]One has to wonder who wants to follow the analysts who are more interested in earning fees than making their clients wealthy. If they just start the coverage based on fees how many promising investment will be left out. Their relevance in today's market with well educated investors is not as it was. That's the reason why the company should directly target their investors, educate them motivate them. Times have changed one either adapt or miss opportunities.
SPCEO1 wrote:Hopefully, if nothing else, they elarned from the mini-revolt that they really don't want to have to spend time on any future such revolts and manage the company in such a way as to avoid them.
And a decent analyst picking up coverage is massively overdue. I am not sure what will cause that to happen at this point but some strong cancer data would not hurt. New coverage is often associtated with a way in which the borkerage firm can earn fees off a company and if TH ends up gaining cash from partnerships and does not need to do any offerings, that might be an impediment to analysts starting to cover the stock. I trust that LSA and Leah are doing whatever they can to encourage analyst coverage but it probably will not be an easy problem to solve in the short term. We can't even get teh current analysts to effectively cover important developments. Only 2 of the four analysts covering the stock at the moment bothered to write up anything about the cancer webinar.
qwerty22 wrote: I'm just looking at how it is.
Change could have just meant the new LSA plan. The plan before the mini investor revolt was LSA. The plan afterwards is LSA, I think they mostly just managed the revolt. Whatever LSA can do for them to get them out of the hole seems to be about it. Although you'd expect other things going on behind the scenes.
A reasonably sized US analyst would do wonders for the mood here.
scarlet1967 wrote:
The CEO during the chat with concord said they learned from their mistakes and have a plan of action, one has to wonder what mistakes he was referring to?
Surely it can't be the R&D part as that was again during the same they achieving milestones. I believe he was referring to their interactions with the market. Again that can't be the institutional investors as they mostly have been chasing those investors so my take is he was referring to general market retail and institutions. The communication manager among others is supposed to help with presentations so not too fast ruling out a future retail approach.