Originally posted by entityt
two questions i cant find answers to ,
1) why was this company worth 28 cents at one stage ?
2) if its such a great company with so many MOU'S disruptive technology etc etc
then why is no one interested in supplying funding , or is it only the people who post on hotcopper who think
its a great company , ?
Actually I think kingy quite accurately answered your question.
1) A stock, any stock, is worth what people are prepared to pay for it at any point in time. That is the market. No doubt hype and momentum helped reach these levels but those elements are in play every day somewhere in the market.
2) No one is interested in supplying funding? I am interested in hearing how you have come to this conclusion. Don't expect play by play announcements in the funding space. We will hear about funding when it is finalised. Until the I's are dotted and T's crossed we will likely know
thank you , like kingy you havent answered my questions cheers