Ok, so last couple of days there's been a bit of a flap on over the 4C appendix. Now seems like the dust has settled a little and the price is stabilising. On reflection, I don't see that the 4C has told us anything we didn't already know. We know the R&D has a high cost; that was the reason for last Dec's Cap Raising and the one a year before that. At this price the firms cash balance is accounted for but not the firms accumulated R&D knowledge! The R&D taking place over the last few years has produced kowledge for the firm and surely this is worth more than the 2/3Mil at this market cap. The market just needs to reassess this. An announcement on one of the firms project progressions will be what makes this reassessment take place.
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Ok, so last couple of days there's been a bit of a flap on over...
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1 | 3000 | 0.145 |
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0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.160 | 23025 | 1 |
0.175 | 100000 | 1 |
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