Post by
SimmsandKings on Jul 21, 2023 3:25pm
CEO’s obligation
It is an obligation for a CEO of a public company to keep shareholders informed of all progress
good or bad, Our CEO made a blockbuster good news announcement last May 11th and it is impossible to believe in the two and one halve months since that nothing has happened. His strategy of no news isn't working just look at the share price chart since May 11th. He expects to raise some $800 million to achieve his objective to become a producer of high quality solar glass with a revenue base of some $300 million with an18%+ rr. This is a major major increase in company value and yet today's share price is hopelessly non reflective of it. The shares went up on the announcement and down because of a ridiculous strategy of not following up. If anyone agrees with this please tell the company your thoughts.
Our CEO is new at this but resolutely has stuck his heels in regarding providing news. I suggest he looks at