Share price has eroded more than 40% in the last few weeks. You would expect management to come up with genuine business updates to re-ignite the confidence of the long term holders. I believe back to back positive updates has certainly moved the needle, but ever so slightly.
Unless some of these updates eventuates quickly in to 'material' binding contract or revenue generating machine, the confidence of the shareholders will remain deflated which will reflect the share price.
IMO. DYOR.
Deflated
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