Agreed, apart from Makattack, most posters here really have no sense of reality. Do you have any idea what level of EBIT is required to justify a $1b market cap.
Come on people wake up. We are on a collision course with a capital raising in coming months, which will no doubt be at a discount. Come market open in the morning, and I am betting someone takes out all the buyers at .3 and we are down to point 2 of a cent.
Why wouldn't a holder who wants to be in long term, take .3 tomorrow and then buy them back at .2?
The business is just so far away from break even let alone making a profit, I am betting that if the company does survive, most of the die hard posters will no longer be here by the time this company makes a its maiden profit.
Best of luck, but I feel many of you have your head buried deep deep in the sand.
Kiril.
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