RE:RE:RE:RE:RE:RE:Dream JobAt the 2015 AGM, we asked about the lack of transparency by management. Aruns reply was, "I have kam on the phone every other day asking me to put out certain information and news releases."
Arun said that he doesn't want things blowing up too early as it could hinder their long term goal.
Its quite simple, if you quietly operate in the background and undercut the competition, its a lot easier not to get squashed by the big companies that don't want the smaller guys to have a piece of the pie.
That exact thing happened with Shale Oil in the states - US were producing way more oil than OPEC liked, so they dropped the overall price of oil. Of course there is more to this than simply that, but that was one of the reasons. So stinkbid, there you go, that stuff happens all the time.
I don't agree with how everything has been done, but like I said, I remember Arun commenting on that at the last AGM.
It's harder to attract new investors when they look at the company and see practically no news and no financicals released. Yes, most people would then check SEDAR to see if financials were posted but it's just not there in front of your face. Which in turn, can hinder the amount of new investors that look at this stock.
I've always been a long term holder of this stock but it can be frustrating when you see massive revenue growth quarter to quarter and the SP drops lol.
Anyway, that's my piece for the morning.