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In my opinion Pxs will wait on some positive news flow from PXS...

  1. ContangoPhil
    112 Posts.
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    12/09/23
    19:01
    Post #: 69831395
    In my opinion Pxs will wait on some positive news flow from PXS 5505 before announcing a Capital raising. At some point next year. Everything requires additional investment and PXS have a high cash burn with limited sales in the US market.
    The "mgmt team" really have got themselves into a bad situation and the cheapest opinion is still shareholders.
    PXS Price at posting: 3.5¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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