TSXV:ART.H - Post by User
Comment by
WinterBaronon Jan 05, 2024 4:32pm
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Post# 35813157
RE:RE:RE:Latest News - Shares for Debt -LOL (10 yr holders?)
RE:RE:RE:Latest News - Shares for Debt -LOL (10 yr holders?)That's a Fair question Sunset and answer is pretty basic. Throughout the past 8 or 9 years I've been in and out a few times. Sometimes doing well and others not so much so, but always with the sense
that CEO was openly engaging with shareholders and potential investors whether on this bullboard as he did for quite a stretch at one point or through direct one to one communication and at corporate presentations.
At some point about 2 years or so ago that kind of connection weakened a bit. However, at the same time ARHT had a series of apparently positive business developments that in part explained his changing use of time.
More than that, those developments began driving the share price quickly to about .40 +- and the road ahead was looking smoother with a broadening range of steady revenue generators appearing to be coming on stream. These were additional to WeWork which as we know stunned many in the business community stunned many with its rapid failure.
In any event as ARHt caught its breath after the WeWork set back and share price retreated it looked to me that there was opportunity to get back in .
At the moment that doesn't look like the right call, though my current average is OK.
Not great, but OK.
So.. what now?
ARHt/O'Reilly will have to step up their engagement with investors. Though I recognize their efforts to do so with Kristen Spence's monthly news letter, much more is essential as is the need to demonstrate they have identified precisely what is needed to generate consistent revenue streams and an expanded product or application range.
So why am I still here?
I can envision a future for the company and haven't been horribly hurt by the past.
I anticipate there will be some change in direction but certainly don't know that will be the case.
I have reduced my position for now but continue to watch for the steps I believe are essential. Wait and see I guess.
As for those who choose to chide and mock people on any stock board all I can do is shake my head with wonder at what seems to bring them pleasure.