I bought back in recently. This is a pure specky holding. I sold...

I bought back in recently. This is a pure specky holding. I sold out a while back as I could see we were heading towards another capital raising. At first I was disappointed to read that the funds were being raised by convertible notes. They should be a red flag to shareholders as they can be like a tumour that grows and grows as interest becomes capitalised and dilutes existing shareholders. After reading through the documentation, however, I concluded that in this case the terms are not too onerous on existing shareholders and they are short dated seemingly designed to bridge the delay in commercialisation.

Let's hope we get some more substantial news soon.