I'm not shorting the stock at all, I'm just like others and deep in the red on this project.
$100M in 3 years time!? That is still chicken feed with what has been spent! They have to stay solvent in the mean time, NASDAQ stock price is now in penny territory (bellow $USD5 mark), which makes it hard to attract investors due to mandated rules, it's way speculative, else share price would be reflecting a measure of optimism.
Funding is paramount for it too all survive and we know nothing of the present managements strategy as they are silent, we have no clarity of why now 3 sets of management have left the building, never with anything pronouncements or reasoning of why capable persons has been pushed out the door, else why they might have walked out.
What's going to be the ongoing operational costs for the trial plant?
I'm not shorting the stock at all, I'm just like...
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Last
19.0¢ |
Change
-0.005(2.56%) |
Mkt cap ! $63.04M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.5¢ | 18.0¢ | $89.27K | 470.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 220839 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 1229 | 1 |
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| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| 5EA (ASX) Chart |