GREY:ARDWF - Post by User
Comment by
endeavouron Aug 30, 2016 9:33pm
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Post# 25193654
RE:update
RE:updateIt does sound very much like desperation after watching the share price collapse today as a result of the financials. If this commentary had been released at the same time as results came out yesterday afternoon, it might have helped. But putting out this release tonight after the damage has been done? I think its way too little too late. The company is obviously struggling and needs to reign in the spending whilst ramping up production at the same time. Not an easy feat and a far cry from where this looked to be heading just 7 or 8 months ago.