My burning question is - what will the free cash flow be used for?
First parcel of shares was purchased 10 years ago on 5th January 2011
Many ups and a lot more downs
Highest purchase price was on 12th March 2014 at 26 cents
Highest selling price was on 17th March 2014 at 28 cents
The multidude of capital raisings during the period appear to have funded research and development of "products" without any real commercial success or revenues to date.
If the revenues resulting from the sale of AnteoBind are applied towards commercialisation and expansion of applications for the AnteoBind product, then we shareholders should reap some benefit from the increasing share price. (maybe back past 28 cents)
If on the other hand Management decide to continue with the modus operandi of the last 10 years to apply large chunks of funds towards hiring many more scientists and lab staff for R & D etc then .....................
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My burning question is - what will the free cash flow be used...
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