Imagine if I got all the Powerball numbers right this weekend that would be pretty amazing as well (jokes).
All jokes aside yes it would be some achievement but this slide in SP from 80c to 17c (recently) is telling you that the market doesn't believe he and the company have the ability.
For a business with a $80 mill market cap have such a strong top 20 which makes this capitulation in share price even more horrifying tbh.
I will reiterate again I need more from a $5 million spend per month then what has been delivered by management, I'm sorry but posters can make all the excuses in the world that cash burn rate relevant to current market cap wow seriously, geez SMH.
Since the large raise in 2021 and by Dec this year management would have spent (burnt through) $65,000,000 please let that sink in. What have we got for that so far?
I for one would have had included partners during this pilot phase in some capacity and that would have stabilised the share price. For the potential partners to sit back and watch SW go through this pilot process prior to making a decision to back the project leaves BSX shareholders with all of the risk.
How many times has SW mentioned that the process / flow sheets and design are nothing new in the industry, its proven processes so I don't see what and why BSX shareholders should be carrying the can here. This is IMO.
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5.0¢ |
Change
-0.004(7.41%) |
Mkt cap ! $26.26M |
Open | High | Low | Value | Volume |
5.0¢ | 5.0¢ | 5.0¢ | $2.5K | 50K |
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No. | Vol. | Price($) |
---|---|---|
1 | 55000 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.2¢ | 56685 | 1 |
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No. | Vol. | Price($) |
---|---|---|
1 | 55000 | 0.048 |
1 | 13500 | 0.044 |
1 | 100000 | 0.043 |
1 | 20000 | 0.042 |
1 | 73000 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 135091 | 1 |
0.052 | 56685 | 1 |
0.053 | 60000 | 2 |
0.054 | 618173 | 2 |
0.055 | 255000 | 2 |
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