The explanation for the current share price is simple. It's a reasonable price given what we know - 10 years of work for only one unquantifiable deal. The previous highs were due to extreme upramping and groupthink. Now reality is dawning. That's all. And management aren't especially blameworthy. They contributed to the high expectations only because part of the job of an ASX company director is to promote the company and to present it in a positive light. It was the obsessive posters who interpreted management's positive statements as under-statements, and negative statements as "confidential" necessities.
What surprises me is that many people still haven't grasped this.
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The explanation for the current share price is simple. It's a...
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