Hi Sc, I dare say every long term holder here has averaged down to saturation point, which by the way, would, 90% of times, have led to huge losses in capital, 90% is the failure rate of penny dreadfuls that do not make the grade.
We have heard numerous promises and time lines relating to financial governance issues that still need to be realised, one of which saw the commercialising of this IP pushed out a further three years ….., the significance of that being another whooping three years of further CRs if no other funding becoming available.
Meanwhile on the scenario that long term holders have still done this then they will be in the green to some extent and bucked the odds.
Exit points will be where for holders?, that would be an important decision to come too, bearing in mind the comment made by WP ; Successful IP does not guarantee successful commercialisation.
Any holder who has been here over the long term has most definitely not been in it for the ‘quick buck’, but hung on thru thick and thin and would no doubt like to see these financial governance issues resolved.
Imo, not advise.
AVR Price at posting:
$19.05 Sentiment: None Disclosure: Held
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