SOR 2.63% 3.7¢ strategic elements limited

Ann: SOR Oversubscribed Share Purchase Plan, page-22

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  1. 5,936 Posts.
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    I'd usually agree with that view - you take money when you can get it. But you can't hurry science, so I'm not sure it would actually speed anything up in this case, and this is a different beast. Maybe another body or two, new kit for research yes, could help, but with a partner like honeywell and a seat at the table of frontrunners developing memory ink for sensors and self charging batteries, there is a fair section of the market will jump all over stocks like this because they can see where it can lead, and they will pay for a seat at the table. I'd use BRN as an example. Market went nuts from 8c and then the BOD secured a cracking finance deal to raise a ton more cash at prices well above 8c. It has blue chip partners but negligible revenue and a market cap that's pure blue sky.

    Anyway, this is a secondary issue. I'm in for the long term and will keep adding as appropriate. Followed, but not invested in, this Company for 4 years and its not been plain sailing, so expecting more bumps along the way, but ultimately a successful journey !
 
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