....quick check-in...
....can anyone tell me why this share price is still above1c at this stage?
....3 years later...and still no sign of any meaningful revenue after all of those promises and trying to convince everyone about their innocence...
....anyway, I can only assume that there is <$10M left in the bank at this stage, assuming $4M/ month burn rate...so they they are a few days away from the final showdown....
... question is probably whether they will even list on NEO now that the 'tide has turned'...my view is that based on the integrity track record of these guys, they will probably call the administrators in the day after the ASX delisting...and that poor ASX shareholders will have no recourse when they end up selling the '$100M platform' for 1 cents to the $ to their future employers....which will probably be used to fund their final bonuses...
...anyway, my two cents....
....quick check-in... ....can anyone tell me why this share...
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