PO3 0.00% 22.0¢ purifloh limited

Technically Speaking, page-1425

  1. 1,600 Posts.
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    + Great technology
    +/- low liquidity = volatile SP
    + low number of shares on issue
    + BP bought in at a premium to start steering the ship - he could have waltzed in, got everyone excited about a road map to commercialisation, then said step one - cap raise! But he put his own money in.
    + management took shares in lieu of cash to keep dollars in the kitty for use in development.
    - TB trials delayed and data collection proving difficult
    +/- OEM negotiations not leading to instant billion dollar deals like some SH's were hoping.
    - commercial pools implementation put on back burner while Somnio put additional resources into research/testing stemming from OEM requests.

    at the end of the day best to DYOR, but the above might give you some avenues to explore

 
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