Whilst that may be true, @Tizard, the problem is a simple one: they will run out of cash shortly.
With the atrocious track record they have for a) failure to communicate b) failure to meet schedule and c) failure to deliver or exceed expectations, they are running out of avenues to generate cash. Look at the last capitol raise, and the rather dubious way it was handled. hey can't pull that crap again. If the government free kicks dry up, they will shrivel and die, or be liquidated at fire sale prices where the employees will be lucky to be paid their super entitlements.
Business is ruthless. They may well have the best wave tech in the world, but the global demand for it is not massive right now, and if I were a competitor wanting "in" I'd be grinding this dog has hard into the ground as I could, to pick up the IP as cheaply as possible.
That's not good for us, and horrible for the rank and file employees. I feel sorry for them more than for myself, and hope something good does come their way.
GLTAH - DYOR
CCE Price at posting:
0.4¢ Sentiment: Sell Disclosure: Held
