Chris "Richie" Richardson is not a leader (said this b4) and not putting in is damning imho. You and other posters here are right though in defending other leaders who do hold and delved deep to stump up on a stock that appears to be doing very little. That's impressive.
That all said, this tech has the biggest x~factor of all the ASX tech stocks. It can gain traction from multiple angles and it's in the right space at the right time for all of those.
If things happen, they will happen quickly imho so it's something I'd rather be in than out and load up if the company making announcements drop. In the meantime, the waiting game continues.
In a nutshell, for all the hype there's no product validation and therfore no meaningful revenues yet. Speculative stock with huge upside if it goes right, but still a lofty market cap with a lot of SOI for what it's delivered so far.
Glyn Beaumont would be a much better CEO.
Borrowed time anyone?
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