Realistically I was not expecting much in terms of revenue - we are not approved for sale anywhere yet so other than the Serum Institute in India and Ellume we have no reason to expect much
The HOPE is that we will eventually get sales as our distributors can get to work , so we need to look forward not back
That said , the information / update provided was pretty uninspiring
not sure if they have lawyers or politicians writing them now but they used alot of words to not really give us much.
Why must I try to read between the lines / decipher the hidden code of what is happening with our collaborators ?
In the absence of sales , give shareholders HOPE
Their are R&D battery companies out there with no sales but huge valuations as they know how to sell the value of their IP
We clearly do not
If we have provided samples a few weeks ago to the TGA then I'm afraid we may be waiting a few more weeks for approval.
What we need tomorrrow is for the CEO or perhaps the man who is on the chopping block , Dr Jack Hamilton , to step up with a Boardroom Video selling the vision and inspiring us that the next 12 months will be spectacular for the company
Because trying to wade through that 1/4ly after a long day at work nearly put me to sleep.
ADO Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
