Sarantel

Outsider - you're right about the subsequent order delay being unpredictable. However Goodgrief hit the nail on the head with regard to the credibility of the CEO. They must have known the potential impact of the delay in the delivery of production equipment back in August but nothing was said at the time. It is ABSOLUTELY CRITICAL that the CEO of any early stage company builds investor confidence by being transparent and on the line about any adverse developments that could impact performance. Investors hate being misled by over optimistic PRs that are subsequently followed by profit warnings.

Early days still for Sarantel but the jury is still out on the credibility of the CEO after the events of the past few months.