If there was any chance I could takeover the company for $2 million I would.. trading at shell value, with a bit of cash and fantastic potential.
I'd backdoor a coal/lithium/whatevers popular into the company, do a cap raise at 1c after the price spike then sack the current board and hire some decent marketers.
Imo this company could have the same m/c as CFU by now if the marketing had been done properly.
Also why spend so much on producing units before contract orders come in? How many units of various types do they have lying around gathering dust, anyone know?
Absolutely compelling buying opp from a pure value perspective... I remember when a multinational appliance company very nearly took them over for 45c per share just 2 or 3 years back
ISK Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
