You are justifying actual current management actions by the hope that the share price will be higher in the future. That is no way to be a shareholder. Too many companies grow in size, and yet their share price goes no where (or worse yet lower), would you invest in such a company?
I really have no idea where you're going with this or its relevance to my previous comments. I am not justifying actual current management actions by the hope the share price will be higher in the future. The rules for me are always simple when investing speculatively; does the company have a potentially far-fetching technology (I like bio and tech stocks), and can management turn the promise into a success. On both accounts the answer for me is yes and THAT is why I am invested. Obviously the end goal is to make money and for this to happen the share price needs to increase (besides the fact I am already free-carried anyway). My point is that to realise true potential as quickly as possible it is important for a company to not only focus on the commercial product side of the business but also make the investment community fully aware. Traditionally investors in Australia are slow to catch on. I am not saying that the company wouldn't become successful anyway in the longer term but I am very confident that the approach they are taking in terms of investor marketing will give us the rewards sooner than it would have otherwise. The quicker a company can realise their goals the less the risk for an investor.
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0.8¢ |
Change
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Mkt cap ! $11.89M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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3 | 1203201 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.8¢ | 3137282 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1181773 | 0.007 |
5 | 2310906 | 0.006 |
1 | 400000 | 0.005 |
2 | 570000 | 0.004 |
1 | 700000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 3137282 | 4 |
0.009 | 2260714 | 3 |
0.010 | 785705 | 3 |
0.011 | 1510000 | 3 |
0.013 | 200000 | 1 |
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