Sadly you may be right - more dilution and this just doesn’t appear to be making any inroads.
I’ve held from the start and averaged down significantly, but it is hard to keep looking for silver linings time and time again with the continual dilution and sinking SP.
From what I understand there has been good uptake globally in some of the biggest competitions and clubs, but it just has not translated to any substantial growth or $$. These clubs and comps have had access to the product for long enough now that there should be some green shoots sprouting, but apparently to no avail.
Given the pretty regular need to raise capital, I wonder if this time around a takeover might be on the cards instead? Or if a takeover might ultimately be a better outcome for the long suffering shareholders?
Either way I really liked the concept and thought this would take flight. Sadly it’s increasingly looking like it won’t be.
Hoping for the best, planning for the worst.
HIQ Price at posting:
2.5¢ Sentiment: Hold Disclosure: Held
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