Yup - the BS about 'robust sales' will get a hammering from me at the AGM.
As for the SP - best case is to hold in the 3c.
I honestly don't think it's sunk in on here just how terrible this $300,000 figure is. Put it this way - after manufacturing, sales staff salaries and expenses and shipping - there is zero profit.
It doesn't even cover a part of Dougs wages.
When the IP agreements are done - and if there are no more signed - then Products won't carry the company and there will be another CR at rock bottom pricing.
That's what the market is now reacting to.
I was deadly serious when I said the next 18 months will determine whether LDX thrive or go under.
It really is that binary.
LDX Price at posting:
3.8¢ Sentiment: Buy Disclosure: Held
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