We already knew there would be no news due to the tiny purchase of shares. Would say now that interest rates are going down, people will take there money out of this and put into something that will go up.
Odds are the people that sold today could buy back in a month or twos time and get the same if not lower price. But to be honest with the level of communication I doubt anyone will be coming back until after the announcement is made.
Important to note that if this goes under 1.5c, the funding can be pulled. We all laughed at that when the SP was 2.6-2.9c Today we were 2 pips off reaching it.
Not going to lie but this has been a real disappointment. It's been nearly 7 months since the results and there is has been no change in language, market update nor news about us being any closer to a deal.
Will just have to put these in the bottom draw and hope something materializes at some point.
But there is 0 momentum and interest in the stock. Can see this slowly getting bled lower as people feel the money is better spent elsewhere.
GLTAHs, really hope TO pulls a rabbit out of the hat but looks like we'll be heading to an AGM with TO just saying "we have had conversations with several interested parties" still.
1AD Price at posting:
1.7¢ Sentiment: Hold Disclosure: Held
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