"Share price has fallen from over 80c to now nearly 20c over the last 12 months. isn't it time the Board took some action to shake this company up? More of the same isn't cutting it with the market."
Try "share price has fallen from IPO price of $1.85 (Dec 2019) to 20c"
It's quite amazing; they raised $100m as part of the IPO - half to pay for a business that was vended in as part of the IPO and the other half they have torched over the past 2.5 years.
Now that are down to their last US$2.5m they have resorted to debt funding.
I have had a morbid fascination with this company for the past 2 years.
By this time next year it would either have just made it, or it is going to crash and burn spectacularly sometime between now and then.
LME Price at posting:
22.0¢ Sentiment: None Disclosure: Not Held
