Having spent the last few weeks trying to encourage a trading update from EnSilica, given the clear historical precedent set for one by now at this time of year, it is deeply disappointing to see the share price fall over the last week in the vacuum created by the absence of routine shareholder communication.
Historically a trading update has occurred by now, and given recent events, a timely update was more important than ever…
April 2025:
https://www.londonstockexchange.com/news-article/ENSI/trading-update/16976576
May 2024:
https://www.londonstockexchange.com/news-article/ENSI/trading-update/16467954
April 2023:
https://www.investegate.co.uk/announcement/rns/ensilica–ensi/trading-update/5894
That’s a precedent and to change a precedent should involve good communication from management otherwise it can lead to circumstances that we have now. It is a notable misstep by EnSilica’s management and advisors in my opinion. However I am still of the opinion ENSI / ENSIF will work out very well in time but the lack of trading update does no good for the recent interest from retail shareholders, whether the anticipated trading update news coming is good, not so good or otherwise.
EnSilica: A notable misstep by management and its advisors in my opinion…
by
u/_DoubleBubbler_ in
DoubleBubbler
