I'll agree with your first sentence. Which is why I'm surprised the ASX let this one through. But couldn't any company just make any assumption in any announcement to create false positive sentiment? Announcements should not be speculative.
Admittedly I only come to hotcopper when a company Ive invested in makes an announcement to gauge reaction so Im not going to go through the past few days discussion just respond to your suggestion but why would I need to. The announcement was made this morning.
sometimes I wonder if most holders of CRO (who also post here) arent simply in it for the dopamine hit. Adrian loves delivering on that doesnt he? Notice the share price hardly moved at all on this news.
Ill wait for actual revenue before I consider it official. You can distract yourself with imaginary scenarios if you want though.
I'll agree with your first sentence. Which is why I'm surprised...
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