AGM recording, page-20

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daveg

2,154 Posts.

195

02/06/23

10:46

Post #: 68095707
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Originally posted by iceman.11: ↑

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.

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Maybe you should try to convince some Australian Insitutional investors to invest.
There are very few on board in the scheme of things.
But you cant make them buy, you can tell them the story, but like many of the doctors they choose not to believe until it hits them in the face.
Its not exactly the Company's fault that this is the case. \
The device works, they have told everyone who will listen it works, it wont not work in the future.
Time, like love, is all you need

AVR Price at posting: $23.30 Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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