Be worth going when the sp reflects the spiel of the AGM eire, at this time it is reminiscent of a billboard advertising a McDonalds Big Mac then looking at what you actually get in hand after purchasing that Big Mac.
Really feel the BOD treats RIs like suckers; they promise many things and allude to many things and then do not deliver.
Commercialisation now pushed out a whooping 3 years, no overseas listing, allusions to this company being worth a billion plus with zero substance to back up or follow up on.
Got the sp up from 3 pips to two cents plus, that’s great but needs to go to the next level, it hasn’t happened after so many positive Ann’s and further funding.
The most accurate comment WP has ever made was this: ‘successful IP does not guarantee successful commercialisation’, never has this had more meaning. This is just not confined to this stock but many other speculative stocks.
The sp of this stock can not even run ahead of itself; as per Admedus when it got up to $170 with next to no substance, this is a huge red flag.
The company need to correct this and unblock the bottleneck of what ever nature it is.
The way forward at $50 plus is a lot more palatable, it is not though, the BOD need to deliver something this year not in another five years.
Be worth going when the sp reflects the spiel of the AGM eire,...
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Last
$22.01 |
Change
0.000(0.00%) |
Mkt cap ! $422.8M | |||
| Open | High | Low | Value | Volume |
| $22.20 | $22.20 | $22.00 | $20.61K | 934 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $22.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.23 | 87 | 2 |
View Market Depth
| Last trade - 10.41am 30/04/2024 (20 minute delay) ? |
| AVR (ASX) Chart |