sinking boat

I agree that they look to be a lost cause now. I sold out before they ditched ATC but still at a substantial loss, as I smelt a rat with Drona. The fact that neither he nor his cronies were willing to hold a single share stuck out like a sore toe. Chick was the only one who believed in ATC as indicated by his shareholding and was promptly shown the door when he didn't tow the Drona line.

To get anywhere near taking anything to market they will have to raise masses more cash and no one in their right mind would give them another cent with or without Drona. Drona was smart with his spin used to bring in money but as Warren Buffet states the last thing you want in management is intelligence combined with a lack of integrity. Orbis was talked into putting millions in on the back of ATC and then got burnt, so institutions won't be going anywhere near them. If they carry on as they are they are, wages etc will just continually deplete what they have.

ATC should be verified to be truly dead and buried and if so licences to it and anything else they have should be sold and the proceeds returned to shareholders, together with the cash they are holding. The money they currently hold was raised on the premise of bringing ATC to market.

Obviously CDZ is on a cash-grab to fund their own projects the viability of which I have no idea. Commiserations to all who were sucked into the spin.