EEN - Undervalued & Oversold

Madasafish: it's difficult (impossible, actually, without conducting sampling) to know what proportion of Emerald's army of small investors (a) follow this thread and/or (b) follow Emerald's website etc, and hence have a pretty good idea of what works the Company is undertaking. My guess would be that the percentage who have studied the recent Presentation and Acquisition slide-shows is actually quite small. Combine this with the continued blanking of Emerald by the main UK media, and we see a recipe for numbers of PIs, who might otherwise 'hold' or maybe even buy more, selling EEN at about the present levels. Not in large numbers, but enough to give a supply which the institutions can - and I believe do - acquire. Whether such a situation is really satisfactory is a matter of opinion. Personally, I think that Emerald has changed so much that many PIs are somewhat in the dark. Dealing with the Syria acquisition without a letter to investors (because no EGM was needed, the board using its authority for the Placing) saves money, but I do think it must have disadvantaged many of them, and this is compounded by the blanking of Emerald by the media. In my opinion, if the media continue to blank Emerald, Alastair should ask himself whether his investors are entitled to some sort of 'update RNS with a copy sent out by post to shareholders'. Some people would argue that it's up to shareholders to follow the website, but I don't see websites as forming part of regulatory etc mechanisms, because not everyone has the internet. I think that a Quarterly Update, sent out to shareholders by post, would be a good idea, and the cost would be minimal, I could do the whole thing for no more than about six grand including postage.

imho DYOR etc