Thanks for the info, an ordered retreat is better then a rush...

  1. 3,871 Posts.
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    Thanks for the info, an ordered retreat is better then a rush for the door, but the result is the same, SPP has bailed as did Lumileds.
    I have always been an advocate for the technology and have prompted a lot people to invest to the detriment of my credibility.
    I still think there is hope but I'm starting to hear alarm bells. They have appointed some pretty sharp talent with runs on the board in commercializing technology, have a good team of scientific talent, now have an improved facility.
    Over the years we have heard about how the tech has the potential to revolutionize numerous applications but it has not amounted to much.
    With the SP currently so low it would be a good time to top up and average down, but we need to see some runs on the board before I would consider that.
    I doubt anything written on HC would influence anyone's investment decision, but some positive news on direction, uptake of the tech or improved sales certainly would.
    Until then it looks like a sheltered workshop for the intellectually advantaged.
 
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