7.4 milliom in cash all in the last 12 month's - raised all of that via the sharemarket, havent made any of it. rememeber, their last issue was underscribed. How many millions of shares will they need to issue when they need more money and their shares are at 1.4 cents.
[ the pice is all-ready at 0.14 cent's,and probably will fall back to this level if it go's to 0.016/0.018 ]
And you forgot to mention - they lost $3.5 million last year, and have $7 million in cash.
[you all-so need to remember that young company's need invester's to get established, as this one does, and after all is'nt that ? what inveting is all about ?, and i did mention the $7.4 million cash, i all so believe they have re-gained the $3.5 losess that you mention]
i will admit that i know very little about this company's fundermental's except what i have read in the last few hour's, and i thank you for pushing the issue with me, because it has forced me to look into the funermental's to back up what it is - that i see in the chart's
but i do like what it is that i have read,
and no offence ment to you extralite,but you are the only poster on the H/C site who has a negetive view on this stock
and maybe you are right - then maybe not,
but as i all-way's say time will tell.
good luck to you bud.
p/s EZL'S chart is not good enought for me to trade-in because it is under the fifty day moving adverage and has very low volume, so it is very apparent to me that we have very diffrent tradeing/investment practises, and this is what most of the argument's are about on this site, people need to undestand this,then just post there view's and should not be offended buy them.
