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20.5¢ raptor resources limited

Ann: Dispatch of Supplementary Scheme Booklet, page-11

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coppernoob

1,911 Posts.

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08/08/22

22:33

Post #: 62997078
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Originally posted by Potenti8: ↑

Ultimately I have chosen to vote Yes, however in the meantime will keep it as a no to inspire another increase from Pfizer. If no additional announcements get made prior to kick off of any further increases to their offer; I will be changing my vote to Yes just before it counts.

I have no faith that our board can truly commercialise the technology and don't believe they will ever be able to steer RAP into a "going concern" as a business given cash burn rate and minimal revenue which if we are being honest with ourselves has been atrocious given the time-span they've had to make it happen. The BOD pay themselves more than what the company is able to generate and it isn't a sustainable business model to continue to do CR at investors' continual expenses.

Time to take off those rose-tinted glasses.

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I wish I had a good counter argument! (lol)

RAP Price at posting: 19.5¢ Sentiment: Hold Disclosure: Held
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