Everyone is entitled to their opinion, but I think your following statement was a bit harsh and more than slightly offensive:-
'lets hope the board gets off its a--se '
Polartechnics have been increadibly busy in the past year, signing at least 16 extra contracts (to the China deal), readying CerviScreen etc. etc. (as listed in my previous post). The company needs money to realise its potential, so they're doing the right thing and raising it (successfully, may I add). It was impressive that they had buyers lined up to take up the shortfall prior to it being determined ... I thinks it's a good sign.
Now that they've raised the money (the extra $4M placement should be a doddle, if approved at the AGM) they should focus on the business at hand and leave us to worry about the day to day fluctuations of the SP. The business at hand will launch the SP big time, they don't really have to manipulate it with news items etc.
I may sound very defensive of the company, but it's only because I think your statement was a bit unfair, and undeserved. As I said, everyone is entitled to their opinions, but I'll be one of the ones congratulating the company at the AGM ... you could always voice yours to the company directly at the AGM if you feel so inclined.
Cheers.
PLT Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
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