I think $0.015 is on it's way. They need capital and will have to raise at a discount. I won't be putting my hard earned in this time at anything above $0.015. Last time I did it a $0.02 and the directors contributed as well at the same price BUT the cash has been drained since then and nothing concrete achieved except a drawdown in salary by those same directors that made the last investment. I haven't done the numbers but has anyone worked out if they just took their own investment back in salaries??? Before anyone pipes up about achievements..... sales is sales... everything else is dreams.......
I had hoped for much more by now but am very disappointed. No Australia sales etc etc. I still see some light but for goodness sake get this cap raise out of the way because you are killing the price. I will contribute one more time but if nothing achieved by next time you run out of money then I am out.
- Forums
- ASX - By Stock
- ALT
- writing on the wall?
writing on the wall?, page-15
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)