I am bagging the reality of what is occurring. Because it is and continues to be so…..
You mentioned that 5 years ago that the price spiked from this level….you do realise the main difference from then to now is “sentiment” ? For example, the most recent raise was a failure due in majority to a lack of shareholder support to place more funds into company hands.
Should the company “not” succeed in penning one of the myriad of deals they profess to have at the table - very soon, cap in hand will be extended once more. The question then becomes - Will you and your fellow shareholders support the next raise when funds are due once again placing your hard earned into company hands on a promise ? Within the answer lies your “sentiment”, just like the severe lack of support realised from the December raise from holders.
But sure….I am being paid for being a realist and not a T20 puppet.
ADO Price at posting:
1.4¢ Sentiment: None Disclosure: Not Held
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