Share
535 Posts.
lightbulb Created with Sketch. 136
clock Created with Sketch.
15/12/20
13:24
Share
Originally posted by Gucci:
↑
This is worst than I thought... if the need to raise at 6 cents to expand and spent more money in China where most of the Revenue was coming from and suppose to become cash flows positive in the near future and less money was needed to spend on R&D development etc... or maybe in even in a totally different business type of expansion is in deed very disappointing and amazing that none of this was mentioned at the AGM and just before announcing their actual Sales for the calendar year... I believe the share price will dive well below 6 cents also in the near future... Sorry to be so negative but the hope for the SP to rise like all the other tech companies in Australia is unlikely for a long time... Any other long time shareholders thinking differently?
Expand
Also they couldn’t wait to pass the increases in executive salaries and in director fees before all of this get unfold... Prove us wrong Management to stop all these speculations including mine or have you seriously shot yourself in the foot!