That exactly what I think Fish. For that reason, current management have given up completely on getting shareholders trust. With the exception of a small number of what they call sophisticated investors whom I assume are given a lot more information.
I think if they had wanted to regain investor trust they had a chance by allowing investor access to well regarded Alan Cauvin. Or perhaps even some statements from Cauvin on steps, time frames and probabilities for stage one. Again that hasn't happened as their not interested in promoting Ironclad it seems.
I'm hoping they're confident their actions will drive the share price. We'll know in a few months. In the mean time the shares have traded well in this mini spec meltdown. Especially given the surprise capital raising. (Partly offset by the floating port I guess).
TYX Price at posting:
76.5¢ Sentiment: Buy Disclosure: Held
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