Looks like me and you will be waiting for the next capital raise, probably at about 5cents a share, and not too far away.
As you pointed out this has got to be one of the most disgraceful performances ever. How this was allowed to even list when the turnover was dropping so markedly is beyond me.
The whole thing has to be an exercise of mismanagement from all parties because it is so disgraceful. A lot of planning has gone into this and you would think that shareholders are supposed to be protected. Hec, if i had paid 20cents i reckon i paid ten times too much.
But there is still hope. So long as there are sheep to be fleeced. Hec, that makes a difference doesnt it. Fleecing those with 4 legs in the hope of selling jumpers to the people of Ukraine. Management, what an oxymoron that is, should be calling Zelensky in Ukraine to organize jumpers for all the soldiers and all the freezing country folk. They have to try something.
They mentioned the new plant being able to ramp up production. thats no good if you're not selling any woollen undies is it !
The plot thickens just like lanolin does in cold weather.
Where is all if this heading I wonder??
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