ABI ambri limited

Current price indicates a total lack of confidence, and the only...

  1. 40 Posts.
    Current price indicates a total lack of confidence, and the only thing that will bring it up to a respectable price within the coming few months is a vote of confidence in the technology from outside the organisation. This could be takeover move, a ramp-up by BEL or announcents of relationships with others having complimentary technologies.

    After failing twice to get the ICS technology into a successful commercial format, management will now be very hesitant to promise anything, promises unfulfilled have claimed two CEOs so far.

    Operational plan, with perhaps new milestones is due but I suspect it will not set precise timeframes. For those of us who have punted on CVT being successful I suspect patience is the only answer.

    If the issues preventing CVT in the commercial cartridge format where resolved and that mystery disappeared then things may improve, but there is no mention of this, we just have to trust boards decision to progress.

    My thoughts only.
 
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