Yes the current raise price is disappointing for long term holders, espically when you consider that 50m in cash has been spent and we are raising funds at a market cap of 30m. If you price in dilution I think the shareholder return is like negative 600% since mine makers bought baobab. Hardly how it was sold to shareholders at the time.Ridiculous.
I'm sure that they will be able to raise the money for production upgrade and that Ihp will be viable. Long term the company assets still seem good but management and large shareholders are running their own race now and it's really up to them to create value for all holders ....
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Yes the current raise price is disappointing for long term...
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