You're also stuck high just like the vast majority of people let's be honest. Hence, your unscrupulous pumping.
Suggesting that the SP is going to go back to your calculated mean of 10c is laughable.
As shown below it hasn't been above 2c for 3 years. You can also see what effect dilution has had without decent jumps in cash receipts. If they CR again with the same lackluster performance then things are going to get grim. Cash receipts growing by $0.1m just ain't gonna cut it IMO.
Over the last 3 years the SP has essentially flatlined and through 2024 as the timelines continued to drift, it's gotten even flatter. That's just fact.
I hope they start to perform soon otherwise you can forget about 1c, they might be back to the days of under 0.5c especially if they go big with another CR. I honestly think they need to if they ever want to go OS. Adrian mentioned this years ago in that Podcast with his mate. Still on Spotify.
Luckily next 4c due this coming week. Thank god!
Warmest regards,
PD
(20min delay)