CE1 1.92% 12.8¢ calima energy limited

It would help enormously if management followed through with the...

  1. 1,209 Posts.
    lightbulb Created with Sketch. 652
    It would help enormously if management followed through with the guidance/directives they give to the market. Investors contribute capital on the basis of trust that they'll do as they say. Only months ago the Exec Chair was adamant that they would not pursue a growth agenda; that they intended to hand cashflows back to shareholders. That's already gone with the CEO/MD only days ago extolling 'growth' in his last interview. You can't have both & to jump from one to the other leaves investors wondering where/why/what next? Share price direction speaks volumes yet they don't get it. Post quarterly they couldn't understand the market move against them.Problem is they're both not listening & not delivering on what they said they'd do. Share price action reflects that so yes I'd agree with you, there is an opportunity cost here. Execution as an absolute & also to a timeline is paramount...failure to do either will have a detrimental effect on sentiment & consequently the share price. Management here have failed on both counts.
 
watchlist Created with Sketch. Add CE1 (ASX) to my watchlist
(20min delay)
Last
12.8¢
Change
-0.003(1.92%)
Mkt cap ! $80.71M
Open High Low Value Volume
12.8¢ 12.8¢ 12.8¢ $255.8K 2.007M

Buyers (Bids)

No. Vol. Price($)
9 9925190 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 4941841 45
View Market Depth
Last trade - 14.47pm 06/06/2024 (20 minute delay) ?
CE1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.