Blakes7
What is wrong with the picture is; In your analysis you forget to state that;
1) Revenue is not forthcoming because the implants have stalled. BTT and DT trials are not progressing. EU is not generating any income (none that we know about). and BRACE implants are not to be heard of at all!!!!
2) The ever increasingly incompetent leadership of this company, is still refusing to issue any news what-so-ever!!!
So where is you driver for the market?? Why is everyone so surprised that the price is so low??
Everyone have said this in their own way......This SP will never rebound if there are no drivers, and the directors of this company are not helping any by keeping mum!!!
This is a trading stock, and not an investment stock. It doesn't matter what price you buy it at, the direction is down, and this is what's causing people to sell all the time. They think they are getting in at the bottom, only to find that it continues to fall, so they sell.
The selling is fueled by incompetent directors, who are protecting the IP to the DEATH (of the sp), by not releasing any information. ALSO, I have said this before and will say it again.........THE MARKET KNOWS SOMETHING WE DON'T!!!...If the market knew that implants were progressing, or likely to increase at some/any pace, this drop in sp wouldn't be so sharp!!!
It's a vicious cycle that will never be over until someone who knows what they are doing, takes a good hold of this company.
VCR
ventracor limited
