I guess my point is I want both the washers and the day traders to go away from this share. And I want the register to have mostly holders with balls.
In the end, it does not hurt me. My shares just sit there. And I will reassess on news and fundamentals. Currently there is no bad news to sell and fundamentals and news are becoming better month by month. I just wish I had more money. My first buy in LDX was at $1.26 (on the hype, no fundamentals). My current holding average is 8.5 cents - all in on fundamentals. And there it will sit, I am sure, until this baby has peaked.
I really, really feel in my heart (my heart of fundamentals) this is currently no where near the price it should be ON FUNDAMENTALS. And on top of that price it should be NOW, there will be more milestones over the next year or 18 months, to make the where it should be NOW, much higher.
(now this is only my view... for me... and for the amusement of others.... I dont advise anyone what to do with their hard earned)
The EBITDA was minus 1.8 mill for the half year ending Jun 30, 2023. An improving bottom line. I guess half year ending 31 Dec, 2023 will be close to breakeven re EBITDA. Or at worst, a similar 1.8 mill loss. Now just INJECT $10 mill, one off, IP sale onto the bottom line and you have a profitable company for sure in this fin year ending 30 June 2024. You just do. You HAVE the money. And you have the breathing room to get on with all the other stuff you do. So I am shocked, a profitable, growing, visionary medical services/product company is being mishandled by the market.
My worst fear is because the register is full of 'no gonad' holders a take over can happen for sure. Bill and Melinda Gates Fund can appear with $60 mill AUD (play money) and offer a 50% premium (offer 12 cents for the 8 cent shares) and the company is gone.
