it seems to be dropping 10% a day. At this rate, they won’t get much with any cap raise. I think they will probably stop chasing growth and focus on profitability.
But seriously it is a joke with the sp - even if you think you should buy, you won’t because it will go even lower. And the cycle then feeds on itself, keep dropping. At what price will investors see value? 5c? I am surprised if it gets there honestly.
Ann: Results of Annual General Meeting, page-40
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