Ann: Response to ASX Query, page-88

Beautifully said … and yes, there will not be a big sell down. I predict the SP might hang around the $5 for a few days and then start to take off again. The SkyWater qualification announcement can not be far away at all.
I remember when the BOD decided on a 25:1 consolidation and the uproar that resulted on here.
Oh what a dreadful decision the majority cried. Now of course everyone loves the fact there are so few shares on offer!
Same with the Meitav Dash capital raise at $2.84 when the SP was above $3. Uproar and disappointment on here.
Do folks really think Dadi and Coby want to deliberately dilute their own holdings and wouldn’t want to raise capital at the best possible price and at a time when they determine it is needed to fast track the road to revenue and further product development? Give me a break. … the only people who might be disappointed are the short term traders who do not have the best interests of the company at heart and want to make a quick buck. For them the events of the past few days will most likely have cost them money. For the long termers … there is soooo very much to look forward to and one can only imagine what the SP will be by year’s end.
When the SP took off in January… everyone kept extolling the virtues of our BOD … well I for one still believe they are still second to none and that the company is in excellent hands to see its ReRam commercialised and become best in class. The future is still as rosy as ever for LT holders.