Ok let discuss how much money ahf have raised on the market in...

Ok let discuss how much money ahf have raised on the market in since that time or in there entire asx listed history.... its quite a bit. Board salaries in that same time... it's quite a huge bit for their dismissal performance.

not to mention accrued losses Also quite a large bit.

I have previously did a chart long ago with all the capital raises marked on it every price got ower and lower and less people interested in burning more money.

A past price of 40c is 110% irrelevant, so many more shares on issue now

The market cap then at 40 cents compared to now will be different based on shares on issue.

Is the company market Cap now more or less than when they were last 40c? Why should the company overall be worth more now then nearly 10 years ago. They certainly have not learnt a single thing from past mistakes and operations Or have the technical skill to make a profit in factory operations

If you dont know it means share price times shares on issue. If they only have x amount of income ( money they earn) and x amount of profit ( or loss) if they don't make a profit it means they are spending more money than they earn . You should understand that...

Where is your logic?

Look at mineral resources try and make the same argument there as you do for ahf it was about 100 dollars a year or so ago.... now it's $20 odd. You can't argue that's worth 100 a share now... based on the past and all your other points as you do for ahf.