This is more than likely just another empty threat. Perhaps the lack of share price appreciation could also be attributed to:
- Multiple funding failures.
- Generally poor sentiment towards graphite.
- 19% interest rate on loan.
- 30% free cash flow in first 3 years going to the lender.
- Significant number of cheap shares that flooded the market in recent years.
IMHO, free cash flow is years away. Can you really blame someone for not taking up this opportunity with a global recession looming? Certainly seems more plausible than blaming a poster on the worst thread on Hotcopper…
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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5 | 272516 | 0.100 |
1 | 50000 | 0.098 |
1 | 56330 | 0.096 |
5 | 127586 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 66431 | 2 |
0.115 | 383359 | 8 |
0.120 | 109905 | 3 |
0.125 | 265260 | 5 |
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