AN1 11.1% 0.8¢ anagenics limited

100 Banger?, page-38

  1. 927 Posts.
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    Sure edghoyue we can agree that believers are entitled to their beliefs, no argument there, but there have been imo consistent starry-eyed statements on the forum which annoy me, given the history of this stock and the consistent issuance of shares to keep the coy afloat, diluting any potential recovery at the same time as the CEO has been paid millions to get things moving.

    There will be substantial costs going into the USA with no certainty of the time-line for income from that venture and no-one seems to mind, in spite of the fact that we only have limited capital left. It appears to me a lot of people on this forum seem to love getting tweets, I'd rather get dollars, thanks. But to each his own.

    However I have been modded for some reason for stating as such, which is ironic given the reason I was motivated to post. Especially as I gave no projections but others have given actual forecast SPs that imo are completely against the TOU of this site, but anyway.......

    I will be as pleased as anyone if the coy ever turns the corner, but I just can't join the enthusiasm that seems to think such an event is a given. The market seems to have the same opinion.

    Maybe I'll get modded again for expressing a contrary opinion, this does seem to be a sensitive little site here. What I cannot grasp for the life of me is why SHs are prepared to look at income only, when there is in fact the other side of the ledger and that's what's draining the balance sheet and has done for years.

    On a brighter note, I retract my statement that there is no Point of Sale material with the product, I did revisit my closest pharmacy the other day and yes it's there now. Product on the very bottom shelf, but that's not really the coy's fault. Disappointing though as it's amongst about 8-10 other products in the same class.

    all the best,
 
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