Genuine question from a long-term holder. What has some posters feeling optimistic about the future?
I find it hard not to feel cynical with the poor financial standing. The CR was not favourable; substantial discount with small uptake, mostly convertible notes (extra debt) for the bulk of it, using some of it to pay off debt, cash burn rate. Switching projects without (to me) enough solid evidence of potential. My hope (wishful thinking?) in the new management’s enthusiasm has its limits.
Happy to hear sensible potential positives (I know it’s hard to avoid emotions), if anyone has the inclination.
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Genuine question from a long-term holder. What has some posters...
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