Lumenge is pointing out that the Company's behaviour is out of sync with it's own rules on governance as regards disclosure. His words need to be read more carefully as some have jumped to odd conclusions.
What he asks for is a mere subset of information to reassure shareholders that their investment is sound which is our right and this reveal could be handled I believe without undermininig the need for business security.
As his personal attempts to communicate his concerns are ignored, I understand that there is sense that the level of concern needs to be escalated. But that said strategically the one event where this concern can be voiced is the AGM where I am sure this matter would emerge in any case.
The strategy I'd recommend is being well prepared with a statement, using the right form of words and following the due process for including this as an agenda item. This would put management on notice of shareholder concern. I suspect they would much rather settle early by throwing us some crumbs of comfort rather than risk an AGM punchup.
But then the news we desire might be forthcoming as the new quarter is soon due.
Sula