The company itself is not a dog. It is performing better than a lot of ASX listed companies. The issue is the number of shares available and the high retail turnover currently. If PVM etc were selling stock, at some point there would need to be a substantial holding notice issued which has still not been received. This tells me its solely retail sell off and churn.
1 month to go for the remaining $5MUSD to be received and any other pending updates on hand.
Hopefully we can tick some boxes and have some distributor news for AUS or another major US player in the mix to rerate this MF.
The company itself is not a dog. It is performing better than a...
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