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Dump your shares people take your loss...when they de-list they...

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14,434 Posts.

609

06/11/20

08:56

Post #: 48679055
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Originally posted by WhichWayUp: ↑

Hi SSM, apologies I have been away from this stock for a couple of weeks and missed your question. My issue with this management is that they pose statements in "weasel words", so you can't hold them to anything. In the passage you quote read that they "progress discussion with major industry partners". They have been saying that for 15 years - but still only "progressing". The discussions are "well advanced however there is no guarantee they will result in binding agreements". I mean WTF? Then they go onto to say they may not conclude the discussions with those "partners" at all and may go to a company who essentially will licence their technology. That is not new news, nor is it anything that is a sign of tangible progress. It is designed to give the impression of progress - which is what you have picked up on.

Upshot, whan all else fails, cut costs, restructure, put your hand out for more funding and de-list. Oh, that's actually happened. Shonks.

Hope you can get some cash out before it all goes to diaper-filling material.

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Dump your shares people take your loss...when they de-list they wont be able to raise any money...something stinks with this company

SVA Price at posting: 1.8¢ Sentiment: Sell Disclosure: Not Held
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