I don’t think it is necessarily a case of investors not seeing value. Management have not been very forthcoming with any form of update for quite some time. IMO an update to clarify some key issues and communicate where they are at in the proposed timeline would settle the selling a little and provide some foothold for new investors to enter. I’ve got no doubt this could go north quickly on the back of a material contract, however in the absence of any material news this will continue to decline. Mcap still in the region of 120m so there is plenty of room to move downward still.
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