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Seriously?You should probably blame your own management.Why...

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  1. 1,399 Posts.
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    Seriously?

    You should probably blame your own management.

    Why announce plans for a Phase 1 trial when you don't have the money in the bank? Absolute amateur hour stuff.

    They should have done a CR at 10c+

    Now, the little money you do have, is being frittered away by buying their own stock on-market to keep some sort of share price around 3-4c

    Always the same on HotCopper.

    Things go well = investment genius

    Things go south = Manipulation, big-boys games, brokers diddling retail out of their shares etc etc

    It's poor management pure and simple.

    They may as well have held a firework display whilst yelling 'we have no money' - the result will be the same.

    You need a CR, the market knows that, and you are screwed.




 
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