RE:RE:Any news?NLMoose wrote: Number one reason is that Absolute Software is mismanaged.
While Absolute Software's sales continue to increase, they are still losing money due to excessive spending and mismanagement.
If Absolute Software was well managed, they would make a profit as opposed to incurring losses each quarter.
I think that Absolute Software's Board of Directors, including Christy Wyatt, Daniel Ryan, Lynn Atchison, Andre Mintz, Gregory Monahan, Sal Visca, and Gerhard Watzinger need to be recalled to address concerns about the company's financial management.
If that was the reason though, why would the price have shot up by 20% after their latest financials? This isn't a "new item" that was discovered last Friday afternoon (-6%).
I'm okay with the numbers they published when the share price is under $10, but was wondering if something else than reported numbers might be pushing down the price.