"Rather, management credibility would be of more concern."...

"Rather, management credibility would be of more concern."

Exactly.

And, it certainly doesn't sound like there are any contracts - or we would have already seen it in the TH ann. or the term sheet.


I am not against the company raising at all -- but, it's what they say and said and now 'again' - do that is the problem. (ie. no, we aren't going to raise unless we get big contracts - and probably more than one - but, then, low and behold).

As I said - if Bob Brookins stood up and said - 'oh, I have an idea? ' - I would be the first to say - 'how much do you need'

but, if I saw one instagram pic. of him skiing ------------ he's dead meat

I could also accept that brokers and instos might have concerns about capitalization --

I get that stuff - but, for gods sake --- just tell the bloody truth.

This - 'inventory stuff' and 'other uses' stuff -- oh, for gods sake, gimme a break.

Again - the AGM was 3 weeks ago -- 3 weeks.


Now - what do we have?

We have institutions or sop. investors who haven't been buying in and may have concerns about capitalization being offered 10% of stock by putting in their money 'at' a discount -- so, the company is more capitalized -

and, we are supposed to have had our 'seminal' moment of cash flow positive a while back.

Now - what's all this mean for the share price in future?

Will these institutions and sop. investors from here on buy on market because they now are comfortable with the companies capitalization ---------- which they stumped up for (or they say they will stump up for)?

Let me get my head around that one --- they worry about capitalization - so, they get a raise - they put in the funds - so, it's their money that has provided the stability - then, they will do 'what' in the future?

Put a floor under the SP????? --------- like the last times? Right, sure.


It seems that it is just too much to ask for openness, and transparency.

I am rapidly reaching the level of -------------- show me the money. Because at this point - I sure can only see what you actually do as opposed to what you say - and, the two just do not connect.

anyone want a ref. for all this?

here it is


note well the last several bars ------------- rising price with a dropping volume -

do I need to teach people what that means?