Where is our update to the market confirming the Walmart delivery?
Instead of an update we have had what looks like sophs selling out their holdings (todays trading excepted -which is probably a couple of small holders throwing in the towel).
Why are they selling now, and why so low?
Could it be there's another 3B notice on the way and they're cashing up for another discounted placement?
Raising more money to grow the Desert's Sand business would seem like a possibility and maybe a necessity, but I will be bitterly disillusioned with management if any future raisings are done below the last placement price of .009.
Do your bloody job Des and give us an update, and try to generate some renewed market enthusiasm for this product.
Let's not try to grow this business entirely at the expense of small shareholders.
I realise this is just conjecture on my part, but unfortunately I smell (sophisticated) rats.
If anyone wants to call Des, his number is 02 9114 8066. I'd better not ring - I may be a bit too emotional atm.
MUT Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held
