GSL 0.00% 17.0¢ greatcell solar limited

grid parity

  1. 30 Posts.
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    So, I understand that Dye stated that Tata would commit at the point of grid parity which happened to be four months away ( not that I have any trust in any Dye statement of timing ). Is that so?
    Austock having better information than us mere mortals state grid parity has already been reached in the regions that this product will be launched ( although rising energy prices probably caused it to reach them as much as them reaching it ). But regardless, whats the wait now then? Anybody know?
    Grid parity met, equals Tata commitment so we have been informed or are we being mislead again .... by dye ? .... not possible surely. But as ever you gotta feel sorry for them. They always have been in the behest of their partners and are completely toothless as regards positive announcements without these partners say so. Merely puppets, bunnies in the headlights. They are at present toothless and will be until revenue gives them independence.

    Does any one else here think that tapping the loan facility at the bank would have been a much better option than some scammy deal with the recent insto investors. It makes me wonder that if these financial deals were not good for Dye who were they good for?
    Having to adjust terms from springtree to the new guys brings into focus the ineptitude of Richard Caldwells deal making credentials.
    Its a no brainer for me going down the bank road in these supposed final steps to commercialisation. What is wrong with borrowing a comparatively small amount (in terms of projected future revenue) rather that dilute and trash the sp. The question is, did they not take this option because they new they would struggle in the short term to pay it back, contrary to the recent hype. ( not slagging of the hype after complaining for so long about the pr, or lack of, just its misleading nature )

    I consider myself slightly deluded for still holding Dye but that is the nature of a highly speculative stock. However I did expect the odds to be much better as time ticked by not worse.
    I do fear though as Jaded has clearly pointed out what happens twixt here and the seemingly vast expanse before revenue. Surely nobody would be silly enough to buy in whilst these finance deals will snuff out any meaningful sp rise.
    The only option I see to revive the sp is an earlier than anticipated Tata announcement ( one that I am not expecting ) which enables the dumping of the damaging insto deals that shackle this stock. The bank option is there also so why not take it ?
    It is clear to me and I have posted before that there seems no concern or incentive for any of the management to act in such a way to give the sp positive momentum. Why is that ?
 
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