We always knew there was competition out there. Question is, whose technology will ultimately crack the code? One thing's certain, they're telling the world about themselves. Being out there so potential collaborators/investors/shareholders discover us is vital if we're going to win this game. Have we done enough in that regard? The thing is the $20m or so that we have in the kick is chicken feed in the scheme of things. There's a big race on and if we're going to be able to mix it with the big boys, we have to be able to explore multiple avenues at a time, not one at a time because that's all our woeful budget allows at the moment. Does Brilliance know we exist? Do they even care? We got to be out there exploring these avenues rather than expecting them to come to us, and that takes $$$$. Lots of $$$$.
Now here's a controversial proposal. I'm guessing, and its only a guess, if Archer were to put together a slick campaign to showcase its technology as part of a big capital raising, I wouldn't be surprised if that boosts the SP rather than lowering it and it has a much better chance of keeping us in the race rather than watch this SP ranging between 20c and 50c for the next 2-5 years. In for a penny!
AXE Price at posting:
27.5¢ Sentiment: None Disclosure: Held
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