Pretty much what Ben made clear. Such a typical announcement from our management. Leaves more questions than answers. Probably one of the most extreme cases. Did they go this way because they are confident thats all they will need till either SP jumps significantly enabling far less dilution for a more substantial CR. OR was it their only option? So they took what they could get to put capital in the bank to continue trials and pay the massive wages bill. Zero explanation of anything to holders like when after one of these announcements looking at sales theres all the bots and small traders buys/ sells but i look at the bigger buy sells thinking yep there goes more long termers finally throwing their toys out of the cot, cutting their losses. BUT SOMEONE IS BUYING THEM. Why wouldnt they offer some clarity to any or all of their announcements? Have they not realised that no explanation spooks holders obviously once to many times? Which makes yet another conundrum, do they not care? why dont they care? Arrogance? Ignorance? Confidence?
IMU Price at posting:
3.6¢ Sentiment: Hold Disclosure: Held
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