@niugai Yes, couldn't resist the sarcasm of that one. First...

@niugai Yes, couldn't resist the sarcasm of that one.

First bought into the company 2019 at about 0.24 after looking at it because ALK held it.

My sentiment changed after the Capital Raise results were published in June/July 2023 when it was known that David Reeves and another Director did not participate in the CR. DR declared he would take up the maximum allotment of $30,000 @ 0.21 but didn't. Another director declared he would take up $10,000 but didn't. As far as I was concerned, they misled the shareholders. Prior to this, I had started suspecting the company was misleading the shareholders with the blue sky announcements that never eventuated, but still thought they were a speculative buy based on the low price.

I now cannot see how the company can survive as they keep running out of cash and are running out of ways to get it. I do however need to keep studying the company, in case I am wrong.