But madamswer
MSB has not one but several potential JV partners in negotiation.
So you keep saying. For years on end you've been saying it.
And yet for years on end not a dime of partnership funding has materialised in the company's bank account.
Hence the need to raise capital with increasing frequency and at consistently lower share prices.
Plus we have the cash from the IPO. I don't think your analysis included it.
(This one is another classic "Dolcevita Doozy".)
No, you are absolutely right.
My analysis certainly did not include a sub-optimal, deeply-discounted, very expensive and disastrous listing on another stock exchange, the result of which was a subsequent more-than-halving of the market value of the company.
Should it have done?
MSB Price at posting:
$1.55 Sentiment: None Disclosure: Not Held
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