oversold , page-36

Dice man
Firstly no not down ramping as that would imply that I feel that my posts here influence the share price - and certainly Posts don't as the stock would be rising not falling.
My comment is a guesstimate , yes , but based on what I have learnt over many year in trading . The company will need money hence broker presentations . Will it raise funds at 4 cents ? I really don't think so - it would need to be lower and share price will fall accordingly (though not too placement price level) . As for how much money they have before they run out I make two points - 1. How much did they burn in the last qtr - $2m ? And 2. No company can wait until they have no cash before undertaking a raising - it's against asx rules , so essentially they may have half a year before they become desperate though I'd suggest less.
For those getting worked up by my posts - ask yourself why . Maybe concerned ? If all is honkey Dorey your posts would be much less inflammatory