Hi bhs, current situation still continues to look quite ordinary (being kind) with zero relief for the sp.
I think that a trading halt/major announcement will have to be made in the next few weeks (6-8)
Company’s expectations of signing up a deal (in that time frame) is seriously what?, if slim the alternative is to raise cash. Borrowing usually has not solved much.
Company’s inability to have achieved any meaningful share price base has cost it time after time, as will be very evident if a CR needs to be done again. Said it before, the failure by this company to sell itself at the last 30 cent ($30) CR put a end to fast tracking any of its IP or achieving prosperity into the bin. SB and SIO buying 20% each at that amount would have meant what?
Thats all moot now, we live with the end result.
Be gratifying to see this company just once, once, do something that will be meaningful to the share price to back up the excellence of its IP.
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