The share price is where it is because of the continual capital raises. There is no denying this. The market in general has lost confidence and more precisely there is a large number of current holders that are P..... off. Hence the endless wall of selling. It does not matter how good the prospects may look if you are P..... off, because at the first chance you get you sell.
It will take time to turn this around. This is why we are below value on Waylering alone (known resource) without counting everything else.
It is a perception issue and at the moment this company stinks.....hence the share price is heavily discounted.
I hope it turns around as I am fully invested. Hopefully when we get monthly cheques from Waylering there will be a change in market sentiment.
Just my opinion.
Ta
Ann: AGM Presentation by Managing Director, page-38
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