Naturally, AEB constantly needs to carry out capital raisings. If anyone hasn't yet caught on, for as long as AEB has existed, they have repeatedly obtained funding from 'investors' which has primarily gone into paying staff 'wages' for doing very little. The company puts a small amount of the money into 'projects' without plausible chance of success, but puts effort into talking them up and making them sound good (this is the majority of what the people on the payroll do). The majority of money going into 'staff wages' goes to people in the same family.
This company doesn't generate its income from activities, it generates it from raising capital from hopeful investors and other ...capital raising methods.
The next capital raising is just around the corner. The next capital raising has always just been around the corner, even when they've just recently had one.
Most likely, we will see some 'very exciting' but unsubstantiated or vague news, probably about the marijuana project, followed by an irrational price jump, followed by a capital raising announcement. The same predictable pattern has being going on for years, I keep calling it, I keep getting it right, I keep getting abused for it, regular investors who abuse me and accuse me of having some sinister motive keep getting burned, and I keep saying I told you so, and they still get angry at me for it. Most eventually silently slink away after getting angry, a few have thanked me. I especially like the ones who give me personal credit for the price decline! I suspect it is more to do with years of consistently lying and failing to deliver on promises, failing in every endeavor other than capital raising and paying themselves fat wages, and their track record of doing the exact same thing in another company before this one. But, hey, maybe it's just because of Sdaji!
Another all time low today. 2c after the recent capital raising at 3c. Anyone surprised? No prizes for guessing if I am.
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