technically it hasn't resumed its uptrend imo , volume weighted trade today was only around 5.67c
tech esp this type has to be trialed for some time before anyone licence's it imo , so revenue will be non coming so will have to rely on existing cash which is very limited that's why we see the 5c options being exercised. Before i take more interest id like to see which asian investors will be supplying them future capital and the structure of that issue. What about a SPP at 5c to existing holders , do they have capacity to do one. I think that would be supported.
technically it hasn't resumed its uptrend imo , volume weighted...
Currently unlisted. Proposed listing date: WITHDRAWN
