...and the share price has just puked all over that Director selling. A failed breakout on heavy volume followed by new lows. The technical analysis calls bull crap on the company's fundamentals?
The chart looks ugly now and months away from hitting new highs from these lows which means it's more like December EV will get systems in the US or possibly the US FAA approval isn't as certain as we'd believe. If SFI was about to enter the US market with multiple systems and commencing commercial operations in Australia then that would marry up with a share price rising not falling to 5 month lows. Something isn't right here.
Does anyone have any information or is it bash the messenger until it actually fails because the way its acting it will fail before the market is updated.
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Simon Kidston, Non--Executive Director
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