Market's view on Katoro Gold
Published on April 2024
- Stock watchers express concerns over the prolonged secrecy surrounding the appointment of a new CEO, suggesting inefficiency and a lack of clear leadership.
- There is speculation about potential lucrative plans by the company’s executives that could significantly influence the stock price.
- Concerns are raised about the company’s direction, with some stock watchers feeling there is no clear plan, leading only to hope rather than strategy.
- Discussions highlight dissatisfaction with the handling of the Blyvoor Project, noting a shift from earlier optimism to a decision to cease further investment.
- Criticism is directed towards current management, contrasting their performance unfavorably with previous leadership, particularly in terms of share price impact and strategic decisions.
- Stock watchers note the lack of significant positive change in company direction or stock performance under the new management.
- There is mention of potential strategic shifts or significant announcements expected in the near future, which could indicate a new direction for the company.
- Concerns about the transparency and intentions behind recent large share purchases and the overall financial strategy of the company are discussed.
- The possible strategic use of the company as a shell for other ventures or as part of broader corporate restructuring is speculated upon.