Like many pil shareholders we believed the CR was going to keep the price at 2cents support.This position did not prevail, in fact it was the worst decision the company had made, duping sophisticated investors into the rare sighting of 2.5cents.
This capital raise was a catastrophic failure, bad timing, and look at where we are nowA sobering price correction at 1cents.
There's obviously alot of steam with shareholders vs shareholders trying to manipulate the price.
But unlike other companies, like WCN asx, rmi asx their capital raise did not drastically change the share price.
Now we received the long awaited Quarterly, where every other user has provided their delusional perspectives of the company and how great its positioned, when in fact its a boneless fish of a report, it's all deals and no substance or performance on the part of peppermint progress .
Now the Emi license would not change sentiment of share price because the quarterly proved the undeniable fact that the company struggles to turn a profit.. How do you think it'll fair with a Emi license, and issuing loans to untested customers??
But like many of you, we still holding onto line of hope eventhough the captains henchman have aborted the mission and the ship is sinking....
When I read through these comments on this panel it's all sunshine and rainbows, no one user offers the reality... It's sickening commentary
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- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-34
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