Placement shares at 1.8c got issued in the last few days so that...

Placement shares at 1.8c got issued in the last few days so that explains the sell down.

However I've noticed yesterday and today someone has been in accumulating them happily.

7M yesterday and another 7M today. The only issued 19M shares so there can't be much overhang left if any.

Reading back through the 2020 and 2019 announcements their achievements are really impressive. Some pharmas or bios would be valued at $50Min or more on this technology and results. ROO seems to release incredible results every couple of months but the market is failing to bring it all together into one cohesive story.

They've shown they can increase yield in several crops and confirmed they are exploring plant based meat alternatives.

Therefore I see the 2 keys to a rerate are pretty simple:
1. license the technology to a large farm and generate revenue from it
2. be the first to the ASX with a plant based meat product