Q,"A raise at .08c is disappointing."It's also a 41% haircut on...

Q,

"A raise at .08c is disappointing."

It's also a 41% haircut on the last close of 13.5 cents. 50% if you go 30 days or so back to Sep/Aug.

With current SOI of 144m, it's also a paltry $11M MC.

Someone else can figure the dilution. Reading through the Investor presso you could be forgiven for thinking you were dealing with a different company. The opportunity seems incredible. Makes me wonder, yet again, why there was no appetite for IPO shares. From there, why such a discount was necessary to entice existing/prospective investors to stump up the cash.

I'm not whingeing. I've done my fair share of glass half full, my cup runneth over with CDX and Coops. What's done is done. No 20:20 hindsight from me. I like the guy. Charisma city. But at some point you have to face up to unpleasant truths. Craig's comment that he sometimes wishes CDX was a private company gives me pause to think.

Without external support it's hard to see the SP not opening at 8 or thereabouts. Something has to give, and from here on it all has to be good. If Coops can pull this off it will be one of the greatest turnaround stories of '24. I just hope the macro holds out long enough for it to happen.