GREY:RPBIF - Post by User
Comment by
noleafcloveron Jun 10, 2009 5:50pm
242 Views
Post# 16059912
RE: RE: We will never see ...............
RE: RE: We will never see ...............ROSHENE; I think I forgot to mention that at the AGM, one of the attendees asked a general question about the shareprice and answered his own question (while asking the question) to which Wayne Kay agreed. The guy raising the question said, something to the effect of "I'm not to worried about the current shareprice and I believe that the shareprice will follow as you deliver on the current business model". I don't recall Wayne Kay's exact response, but it was basically saying the same thing, that the shareprice will follow as sales increase. He did say that the 1st quarter increase should be a good indication that revenue is increasing and 2009 total revenue will be much higher than 2008, but no specifics were given. Also, that same guy was asking about share consolidation and Wayne Kay commented on that and it didn't seem like he was too interested in the idea. I got the impression that share consolidation isn't on the table.