Stay Strong Loyal Shareholders, page-6

  1. 820 Posts.
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    Pulp,

    Have you asked the company, via their website, these questions?

    Your assumption which refers to the rights issue shortfall take up, that --"I have serious doubts about this"

    I think you have become far too emotional when considering your decisions regarding this company and it would appear you have had a very frustrating time being invested in this stock. If you look at it rationally, the stock is trading around the 3.5c to 5c range, some 200 to 300% above the 1.6c rights issue price.

    In my view, there is no question whether this money is coming in, its just when--- if this were not the case, I believe the stock would be trading at or around 1.6c.

    My view is, not only is this money coming in, but I believe the buyers have additional appetite and have been buying more on market, and have bought most if not all of the single aggressive seller that I believe has sold all his 8m shares -- 3m on the 28/2, 2m on the 24/3 and probably another 3m on or about 30/4.

    This ongoing buying is why our stock is trading at these current 4c plus levels.

    I believe we are in for a significant re rating on the basis of the assets we have TODAY.
    Plus with the movement in regulations coming from the EU governments, which will come in force by July 2026, as highlighted by poster "Linoleum" --post 78764537, will be some of the factors that will help or be the cause of this re rating.

    Regarding your 4 other points:
    "Delays on the vertical farming trial"--- I believe the trial encountered some teething issues, which they are trying to work through, -- but my main interest was and is with their clothing potential.
    "Why are there no updates about the wet wipes" -- I believe they have not heard back as yet--- and as stated, my interest is in the clothing potential
    "Why are there no updates about the denim producer Orta?" -- I believe that they are still keen to buy and try more product when we have some available, but with the lack of funding and the hurricane issues at our suppliers, we have had no further product offer to them or any other potential clients.
    "Why aren't you asking these questions?"
    I did and the above is what I learnt.

    Stay strong and hopefully we will get a little luck with the overall changing market conditions towards renewables.

    PS-- I hope Uluu do a cap raise at a significant valuation, as it can only help the whole sector, -- I do not hold any UlUU, but watch them and many others in this market. --circ.earth and sheepinc.com.

 
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(20min delay)
Last
8.0¢
Change
0.000(0.00%)
Mkt cap ! $24.40M
Open High Low Value Volume
7.9¢ 8.0¢ 7.9¢ $4.458K 55.87K

Buyers (Bids)

No. Vol. Price($)
1 19830 7.8¢
 

Sellers (Offers)

Price($) Vol. No.
7.9¢ 32000 1
View Market Depth
Last trade - 14.27pm 25/07/2025 (20 minute delay) ?
NC6 (ASX) Chart
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