Ann: Media Release - Half Year Results - 31.12.2020, page-2

How low does the share price have to go before the board and management decide to put their hands in their pockets? My average is ~$0.055 so I’m around break even but I feel for anyone who entered at IPO at $0.20. What a stinker.

Still, with TOX gone and BIN likely to be privatised it’ll just be CWY and M8S left on the ASX boards as far as waste management infrastructure goes. I’m banking on a Steve Bradbury outcome here as I have very little confidence in management, but short of VA it’s hard to see the market cap falling much further and it’s not hard to imagine M8S capped at $50m once Gingin is up and running so risk / return still feels ok.