AV1 0.00% 6.1¢ adveritas limited

Ann: Share Purchase Plan Offer Document, page-8

  1. 709 Posts.
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    Hi @barny - my avg price is around yours so I hear you, complete balls up. Only thing it's good for atm is to offset some capital gains.
    I guess the positives (if any) are that the SP is in the toilet and this is the place it should see some support. In the back of my mind I keep remembering that they have been raising money and convincing large investors to buy in, so those investors must see something albeit we are being diluted. The problem as I have mentioned is the cash burn and they don't seem to be addressing it (huge staff costs). They will need a MASSIVE shift in revenue and new contracts to turn this around. I too am losing faith and beginning to see some more compelling opportunities.

    I second Barny's call.... anyone got any reasons to hang in?
 
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