Don't feel left out, as there are lots of fools mostly selling their stock to buy back cheaper, it's a endless cycle we have all done me included.
However the day WILL come where no matter what it will rise (good to buy at cheap prices tho
and that day may or may not be round now. Yes there are some that purchased at just under 6 cents that could be selling now, good on them nothing wrong with taking a profit.
However AHZ has many many small fires to to make one hell of a big one IF all goes well.
Most say the cash burn is way to much again me included, But if sales are to grow and more products from CC are to come, it needs cash, add to that the Vax that could end up making CC look down right stupid as far as profits and partnerships goes, then buying any units under 8 to 14 cents ATM could be the best thing you have done. Hell while I was buying at 1.5 to 2 cents still at this stage was and is a good thing. Again at this level it still is.
Yes they have a new clean room coming on and I assume that they are doing this because the opps and centres are going better than they thought at this stage.
Yes they have removed some staff but not workers but some near the top that others can do is wise.
Yes they have made the shed head office to save some coin that maybe 200K a year but it's a start.
Yes they have min 10 studies underway which does add to costs, (but most costs will come back as R&D rebate)
But the biggest NO they are doing is keeping most of it barely noticeable to the open market ( I don't get why)
A good update or like they used to do the road show investor thing, like they used to do a couple of years ago, could go along way IMO to driving the awareness to new investors and keep grumpy old ones like me happy to buy at this level.and not or have no need to think we could get them cheaper.
Yes it's far from being a sure thing but while digging a hole in the ground is dam right iffy ATM they should be taking advantage of it and push themselves hard and fast, it's the smallest company I know of with a S load of irons going at once that could make a lot of people some dosh if they can start to tell the story and justify the cash burn to what they maybe able to do. Not many companies out there if one part fails other parts may take up the slack.
end ramp but it's true
(20min delay)