Contact:
Philip Tan
FOR IMMEDIATE RELEASE
DearCEO Founder
Phone:
0402799757
Fax:
+613 9809 4769
Email:
info@dearceo.com.au
Web:
Have a Question For Your CEO?
Australian Service Gives Investors a Voice
AUSTRALIA, Melbourne - February 9, 2010 – Spooked by the financial crisis,
today’s investors have never been hungrier for information. A survey found that
resource companies listed on the Australian Stock Exchange (ASX) receives on
average 50-100 investor enquiries per exploration campaign. For years, only
institutional investors had direct access to company chiefs, but with the launch of a
new service, retail investors can now be heard.
DearCEO, a Melbourne-based start up, is a powerful online communication tool that
empowers shareholders and companies. Acting as a proxy for all its members,
DearCEO provides a live repository of Questions and Answers (Q&A) between listed
entities and investors. Its unique platform is one of the most advanced market
disclosure mechanisms that gives all investors equal access to top level company
management.
“Instead of the usual scripted interview, DearCEO provides a candid, investor-
powered interview where we give investors the interviewer’s seat” said Philip Tan,
creator of DearCEO. The inspiration for DearCEO came from a friend who was the
Chief Executive Officer (CEO) of a small-listed biotechnology company. Often
complaining about how much time it takes for him to reply to investor enquiries, “He
kvetched about spending all his time replying to investor emails containing duplicate
questions,” Tan said. “For the first time, CEOs can reach grass root investors with the
click of a button”. A keen investor and Warren Buffett follower, Tan believes
“Investors often forget that as shareholders you own the business. It is important to
understand the business well and this sometimes means asking the right questions”.
DearCEO solves the communication needs of all market participants in a highly
regulated area. DearCEO already has plans to extend its free service to US and UK
About DearCEO
DearCEO is an advanced Investor Relations Solution that empowers investors and
listed companies using an interactive web-based Frequently Asked Questions (FAQ)
system. DearCEO is a free service and allows investors to submit questions directly to
investor relations of public-listed companies. For more information, visit
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