RE:RE:Well, they held a CC....and nobody came.I've updated my numbers to reflect the new businesss model (outlook and satloc have been sold meaning a very different cost structure and sales growth trajectory). Obviously a lot of moving parts but even using far more conservative estimates than what I've previously posted, and not even considering the growth potential from Mahindra, the FMV of the stock price TODAY should be $1.20 at a MINIMUM, and here we are trading at 70 cents. That just shows you how terrible a job this IR team has done. 1 year from now FMV is closer to $1.80 to $2.50 with strong potential for upside (again I'm using a low/conservative scenario).
If management and the board are not willing to address shareholder concerns then I'm afraid it's time to put this company up for sale. A buyer would see the value and probably pay $1.50 today and north of $2.00 a year from now IF the share price moves.
Best way for shareholders to communicate their displeasure is through proxy voting.