Exactly, we don't know all the negotiations going on that we are not privy to, so it is hard to be too critical of the specific price. It hasn't been greater than $1.45 for that long, and this may have been an ongoing negotiation. Better to get the cash and get working on the product. The whole reason the share price is at $1.45 is because of investor sentiment that one day there may in fact be a product. So, lets focus on that, this low price of a SPP confirms that Archer management are focusing on the product, not on the SP. The SP will unleash itself when the product is ready. What comes first, the chicken of the egg, the product or the share price.
AXE Price at posting:
$1.45 Sentiment: Buy Disclosure: Held
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