Are you genuinely serious? I would love to know how you rationalise 4.5c by February. This equates to a market cap of $156m and is laughable given the current state of the business.
12 months ago DM was promising a massive scale-up of production to meet demand.
2 months ago DM told us they have built too much inventory, despite not actually being able to produce at full capacity for around 6 months.
They have been unable to recruit a new CFO, knowing since April they would need a replacement.
They have been unable to recruit two new independent directors who resigned over 6 months ago.
September was artificially EBITDA positive because in the real world you have to pay your CEO and Directors cash.
There are still yet to be any signs this current quarter is going to provide the salvation that is desperately needed. In my opinion, a cap raise or insolvency are far more likely than a 4.5c share price. It's probably fair to say the market supports this sentiment as well.
BUD Price at posting:
1.2¢ Sentiment: Sell Disclosure: Not Held
