Just looked at the quarterly. Am getting a little more worried again after reading it. Why am I getting more worried?
Because there is nothing in it we don't already know. The directors have simply restated everything they said in the previous 1-2 announcements.
If they want the ALT options to be successful, THEY HAVE TO RELEASE A STATEMENT THAT HAS GOT $$$ ATTACHED TO IT!!!!
The worrying thing is the directors would know this, and they would release an announcement along this line if they had one.
But they don't have one.
The reality is there is one month left for the share price to double. And even then, if the share price is only just ticking over 4c, will people be confident enough to buy the options at 4c? Maybe if the share price was at 6c they would, but probably not 4c. Therefore realistically, we need the share price to go up 200% in the next month. How realistic is that?
Not very.
I hope I am proven wrong and the company releases something in August that we've all been waiting for.
But I am worried again after this non-eventful announcement.
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