PCK 3.57% 2.9¢ painchek ltd

The only real concern to me is that the business growth is very...

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    The only real concern to me is that the business growth is very slow to move forward although doing but in tiny teeny steps, commercialising the technology is quite a journey and how long can this go on to continue supporting PCK to remain a listed entity? The SP is so low it may not be feasible for too long, as capital raisings which would be the only purpose of staying listed, may not be overly successful to make staying listed feasible. I note that another ASX entity has announced it is delisting to save $50k as the potential for staying listed at the very minimal SP it was hovering at for far too long, did not make it a feasible opportunity to expend on the listing costs. I find no incentive to buy more PCK shares as there is a real risk that all $$$ invested may vanish before long although the PCK business could continue and thrive without being listed while saving $$$
    Last edited by VMG70: 07/07/24
 
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