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15:34
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Originally posted by m0ngy
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Thanks asheds but i don't see actual sales figures and 'anticipated prices' MOUs etc are not a substitute. What bothers me is that what is needed should be so easy to provide. If the company released an ann stating that they have a sales agreement for a range of product, for example -100 @ $US 700, through to + 100@ $US 1,000 etc to +250 @ $US 1600 the share price would rocket immediately, way beyond the issue price, it would probably hit 90 cents in a few days. Even at 3/4 of that range it would still be a buy. They have us snookered here because we can't just click onto **promotion blocked** and find out today's graphite prices. But instead of giving us the vital information on which the profitability of the company rests and while investors are asking themselves whether or not they should take up the share offer, they watch the share price sink below the issue price but still sit on their hands. I'm genuinely unsure of what to make of this but to me it signals high risk.
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