"the market is able to price in the news in advance" I think...

"the market is able to price in the news in advance"

I think this is an almost impossible stock to price, a bit like biotech stocks that promise cures for cancer. Not much peer comparison and where there is it's practically meaningless.

I spoke to Dadi when he came to Perth and he answered all my questions as forthrightly as he was able to. As long as he remains with the company I have confidence. Unless he has a gambling addiction at the local casino there is no way he needs the money (given how long he worked for Intel and the shares he owns/owned in the company).

Communications with shareholders could be much better in respect of the technical aspects of the company's progress. They seemed happier in the early days to explain the ins and outs,. They seemed to have dumbed down the communications of late. I suspect as they move towards a commercial manifestation of the technology the need for secrecy increases. At least that's how I've justified it to myself. They are either progressing as reported and we are getting close to a deal or they are playing charades with shareholders about the truth. I believe the former is the truth. Esh