I agree, I'd think there will be enough cash for this year, but next year is unknown. If market cap isn't a reflection of the mood of the major holders then someone with deep pocket will start to pump it up and make an easy profit, and this never happened, so imo, SP must be correct at present.
I watched how bgl.ax got pushed by micro-equity, it's amazing, 80 percent return in 2 weeks, Wish I was in.
Do you think management will dump shareholders first instead of downsizing the firm to a smaller size (people wise) in case of negative profit? Fingers crossed and let's dream on and bright days ahead!
STE Price at posting:
3.9¢ Sentiment: ST Buy Disclosure: Held