I don't think shareholders should completely ignore the possibility of a recapitalisation as this poster is saying. Trusting the company on this one is not an option for me given their previous form on information delivery. We cannot argue that the share price is in a terrible decline and it was hardly a good market day yesterday after the webcast. The reaction was rather underwhelming and not one of total confidence. Seems to be some support at 40 but if that gives, then who knows where the bottom is. Maybe the stock price could be falling because of an impending recapitalisation, either by more debt or issuing more stock?? My gut feel is we are ages away from licensing and military. A lot more patience required and more dead money for those who did not buy in at ground level.
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Open | High | Low | Value | Volume |
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---|---|---|
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4 | 914620 | 0.008 |
6 | 3850194 | 0.007 |
4 | 581167 | 0.006 |
1 | 300000 | 0.005 |
1 | 500000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 206022 | 3 |
0.011 | 1400000 | 3 |
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