OTCPK:EUCTF - Post by User
Post by
endeavouron Aug 29, 2016 2:05pm
143 Views
Post# 25187782
Disasterous day
Disasterous dayAll I can say after watching this stock implode is that the company better have been buying shares back through the ncib scheme today at these prices, or you wonder what the motivation of Mgmt is in the first place. There seems no attempt in increasing shareholder value. No interviews for some time, no promotion. In fact ever since the Sicpa deal, the company appears to have effectively closed up shop (publicly) and it leaves this void of information and shareholders wondering what the heck is going on. Can you blame people for selling this after reading these financials? Looks like we're heading for a test of the 52 week lows very soon. It should never have come to this. If this had been steered a little differently after the Sicpa deal, we would have been at 0.30 cents today, or higher, not at 0.13 and change and wondering if we'll stay in double digits share price. So disappointed in this one hoping for a miracle at this point. I'd take a 20 cent buyout by Sicpa in a heartbeat now because I don't see any other way we will ever get back to 20 cents otherwise, the way things are heading.