RE:My New Year's WishCan you explain why you feel DN has, "consistently failed long term shareholders"?
From my perspective it's been consistently good news for the last 2 years almost with the exception of the recent write down. Maybe the recent dilution depending how the money is spent but DN's previous aquistions have been good so I have no reason to doubt this round of financing won't also be accretive.
Ultimately your qualm is that share price hasn't gone up, but here's the thing, management doesn't directly control that. It's not Jon's fault that Ontario's roll out failed and the weed sector crashed taking us with it despite that fact we didn't even operate in Ontario at the time. Nor is it his fault that covid came around after and the markets tanked, cutting us in half again. All the company can do is continue to execute and hope market sentiment changes.
It's a small cap, this is the kind of risk you sign up for when you buy into a company of this size, they will always be more volatile and they will have to work harder to prove themselves. It's a little rediculous to try place all the blame on Jon as if he has some magic power to control the market. All he can do is continue exectuing and hope the market responds positively. I for one am happy wiith the execution thus far and am looking forward to a huge growth in retail in 2021 and maybe even a sweet new revenue stream with the D-Pods, time will tell.
Anschutz wrote: My wish for this year is that the COVID lockdowns and limitations are lifted and DN is forced to hold a face-to-face AGM. John and management need to look investors in the eye and explain why their business strategy has consistently failed long term shareholders and draws absolutely no market interest.