The problem is and always has been poor management. They cannot execute, they cannot plan, they cannot communicate.
The shareprice is indicative of shareholders who do not believe because there is nothing definitive to believe in.
All along this company needs a plan. Outline all of the steps along the way to commercialisation. Outline the key decision points along the way - sell / JV / raise capital to build. Outline the funding plan
Start to meet milestones --- then you get the 2000% odd share price increase that BGF implies.
This "we is gunna drill a bit and see" plan is not a plan.
Right now AQC is worth more dead than alive... If the management cannot change or be changed then the company should be sold or liquidated.
bgf valuation was 15-30c?, page-3
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $61.38M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.5¢ | $103.6K | 879.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 118633 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 273953 | 2 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| AQC (ASX) Chart |