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Roll back 3 years with what's cooking in the background, the share price would have been $1-2
Everything was over priced during covid and confidence will only return with an EV deal..
The biggest failure here is that we didn't sell at 50c....dont blame current board.....time for a long hard look in the mirror for some!!
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I disagree that we were overpriced during Covid. We had a test that was on the cusp of being rolled out. What stopped us was the approval process.
We were also on the cusp of doing a deal with Ferroglobe. Who knows how many other collaborators were close to signing?
I think at the time, given what the market new, and the near term potential, 50c was justified.
"The biggest failure here is that we didn't sell at 50c"
Buying, selling, that's all shareholders really have control over. I didn't sell at 50c and I still don't regret my decision. How was anyone to know it was all going to end so badly? I still believe 50c is still undervaluing us given our potential.
So the board has no control over the share price?
How the heck does Sila get a valuation of ~$5b when our tech is apparently superior??
Only the board have control over how the company is marketed.
If all spec companies were promoted the way we are, the world would hardly see any new products come to market.
How do cancer drugs get to market when it costs billions of dollars to do the trials? if these companies were kept in the dark like AnteoTech they'd never be able to raise the required funds
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