Nothing to do with IPO being 50c.....the Market Cap was...

Nothing to do with IPO being 50c.....the Market Cap was ~$60M.
Which is very reasonable in terms of others in this sector.

you could've had it at 20c, but sheet load more SOI. would've been 10c now anyway. Learn the basics budwiser.

The chiefs failings to make any progress is another matter which has been sub-standard, rather appalling.
Maybe we have to wait for the 4C to hear anything!!

I for one clearly overrated the 'asset light' model, putting too much credence into this.

So far no good, but I haven't written it off yet.