GREY:AZDDQ - Post by User
Comment by
eljoroon Apr 05, 2011 7:38pm
212 Views
Post# 18390266
RE: RE: Complain Here:
RE: RE: Complain Here:My experiences with IR (particularly e-mails with Juris, and before that Ryan Carr) have always been answered swiftly and courteously. Rarely has management dodged any question I asked, and I appreciate the open lines of communication. I would advise anyone with questions to e-mail or call Juris Pagrabs. I've never bothered e-mailing Pat Leibler...don't even know who he/she is or what he/she does.
Agreed that shareholder value simply has not been enhanced for years (unless one bought shares under .10, and it can be argued that numerous management missteps sent the company on a downward spiral from the $1+ level years). I still think that the biggest problem is the float...simply put, with 700+ million shares we need revenue of 100 million to justify a .50 -.60 share price. That day is way off, and we'll be lucky to be above .40 by year's end.
I also think (and have for years) that management rewards themselves with salaries that are not commensurate with stock price performance.
And correct me if I'm wrong...but management only owns about .9% of the company. Not enough for my tastes. One of the many reasons I sold all but the 50K shares I still hold in my RRSP.
Cheers,
El Joro