Lol, nothing is seemingly ‘obvious’ with this company.
After a serious ‘miscalculation/s, faulty forecasting’, whatever, market cap of this company has been decimated to the tune of 70%.
This is not ‘ a couple of blips’ nor attributable to ‘hysteria’ by holders that were totally oblivious to the company needing a SECOND CR in 3 months and still has not even resumed trading!
A bitter chalice to drink from, yes SB is on board, with a stake of 20% and counting, at a pittance of ‘true value’ (?), brilliant possible outcome for SB, current shareholders? .....at minimum not a total loss of capital, maximum outcome? ..... to be seen.
On record as saying that something would be amiss if Admedus was not at 30 cents plus by Xmas!, as it turns out how ‘pie in the sky’ is that now!
Again, why could Admedus not have brought SB to the table at May CR at 30 cents for a 20% stake?? How different would it be now IF that was done??
