I am skeptical of the infineon testing also. Kenneth hurly hiring to sell comes to mind again
why would you pay 1.5 million up front, if you have no idea if pl6 has worked. We would be paying 1.5m and having to bail because we then need funds to run pl7 and 8.
It's a Kenneth all over again. So many f ups this last few years that has costed holders $m
i feel like this was a way to smash out a raise to pretend it was for infineon, $16 million. Is absolutely crazy. $00.065 cr shows zero confidence by the board in the tech.
when something doesn't make sense in this world of asx it's 1 of 3 things.
1 - corruption
2 - gross incompetence
3 - smoke and mirrors - funds raised on for infineon deal - to be later transferred at its cancellation for pl 7 and 8 etc
$16m is a huge amount in the scheme of this company.
the fact the board have not communicated a thing , and what they have is as clear as the Torrens river (ecoli and all) they deserve this type speculation.
enough of my rants
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