There are 2 ways this can go.
1. A soft announcment which is a collaboration with another "friend" upstart, would suggest they are both struggling but trying to drum up market support. If that be the case management is floundering and using smokescreens to cover up internal development issues.
2. A meaningful announcement, confirming a collaboration involing a finacial committment from a major market player. It will signal that management has delivered and the process has momentum.
Current pointers do not suggest this option
Their track record on communication of incremental positive developments is abysmal. For them to drag one out of the hat would surprise me.
I hope they do - but I doubt it.
IMO they need help and the announcement may have something to do with technical development that is now being offered at "a cost"
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1 | 100000 | 0.027 |
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1 | 160000 | 0.023 |
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Price($) | Vol. | No. |
---|---|---|
0.036 | 1513 | 2 |
0.040 | 8000 | 1 |
0.041 | 28900 | 2 |
0.042 | 15338 | 2 |
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