I am the same as you, been here a long time and believe in the company. I also share your concern about there not being enough time to fully meet that list, but I am not convinced the share price will be battered as a result. My reasoning is based on:
1) We have completed a capital raise, which sees us with just under $100M in the bank. If this had not been done, then the question of delays would be amplified as it would then be a discussion of when we will run out of money.
2) There are a lot of long term holders like you and me, who are prepared to hang on, because we can see in time the rewards will be worth it; and
3) It is likely that at least 1 or 2 of the top 4 will be announced in the next 2 weeks, which should provide significant momentum even if the others on the list are delayed slightly.
In the back of my mind, I also understand that this industry operates in secret and fierce competition. I suspect there are some agreements all but done, but the third party is insisting on secrecy to gain the most advantage over their competition. Just my suspicions though.
When I get too impatient and start to get frustrated I like to look back 1 year on the chart to see where we were. On 15 June 2022 we closed at $1.97, so overall things aren't too bad. I just need to be patient and let good things happen.
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$2.43 |
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Mkt cap ! $458.7M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 11837 | $2.43 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.45 | 25000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 11837 | 2.430 |
1 | 2561 | 2.420 |
32 | 41944 | 2.410 |
4 | 55619 | 2.400 |
4 | 9144 | 2.390 |
Price($) | Vol. | No. |
---|---|---|
2.450 | 25000 | 1 |
2.470 | 8046 | 1 |
2.480 | 2000 | 1 |
2.490 | 10926 | 4 |
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