Ann: Company Update, page-174

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johntie

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16/08/22

16:42

Post #: 63146923
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Originally posted by rustproofhydra ↑

Thats for sure lot of people have burnt who had high hopes. may be the reason #ie disappeared, But hey we put on high risk and high reward equation with our own wish. No body forced us to put our money in. IMO no point selling at 3c as it is still a paper loss until company folds and it does not appear there is any chance directors have shown any indication via todays announcement that they are folding the company. Instead they have taken the correct steps to investigate the ROOT cause and try to fix. Every company encounters enormous issues while developing a new product that is quiet normal but how they fix it makes a big difference.

Look at when last year train# derealied and it dropped to .045c same thing happened that time (around 65-70% drop from .13c) - today same drop percentage but on .091c hence we have seen 3'c.
If we invested in a stock we need to have faith regardless what ever comes as a outcome. I am holding but won't top up to average it down until I see the clear pathway-metrics-
Only point of selling if you are DAMN sure that there is another ticker recover your amount which no one can confirm.

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This is my thinking also.

they seem dedicated to keep going and find the cause and provide a solution.

were still in IMEC as per agreement till end of year, so once they have found the cause and provide a strategy moving foward i think we will find a bottom then as they announce their findings we will creep back upto the 9-11c range

4DS Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
12 Upvote

0 Great analysis

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