I wonder if the CR narrative will dominate this week? Will some will question why on earth they sold ? Was it bcs the spot price dropped, fear of dilution, negative comments here, or concern over the viability of the tech ?
So from a more objective perspective...
We've been told results have met primary objectives right?
We've been told an announcement re results will occur this quarter, right?
We suspect, realistically know due to management inference that management are likely quite well across findings in results. Even if unaudited. Can we assume they have no strategy?
So we have essentially no significant negatives apart from CF. We do have presumably have either a proposition that represents improvement or more, right?
If a CR is called, and we dont see a near term T/O, sponsorship or some other type of deal. A decent CR is quite bullish imo. Sure it may be dilutive for some, but the pie is growing. And Lets be honest the start point has been acheived on fumes, IP likely in at cost, and be it due to timing, communication, whatever, the cap is a BP rounding error.
Lots of potential bullish scenarios that can play out here soon or later.
Market's right till its wrong.
DYOR
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