I go along with Brian.
It's probably not easy to accept that the decissions taken by management or not the best .The SP speaks for itself.
If you consider
- to curtail production of a proces that is very sensible for changes (and they told too they were the first to do so).I don't think others will do the same.
- Taking a huge debt on the shoulders in extremely bad conditions instead of waiting which results after all in a double shares amount .
Not the smartest idea's after all.
If they didn't curtail production (even they lost a few weeks on sales) and started to look for a financing for Algar a few months later when the banking sector was in calmer water I wonder what the sp would be right now?Not around 1 $ I think and also no double amount of shares.