IPO - UUV Aquabotix Ltd, page-419

I get that but share price and business performance at times don't line up and such opportunities are when you can make big bucks as an investor. The share price is down in my opinion due to a few things :-
1: capital structure - 22 cents free options were not a good idea
2: broker support - almost nonexistent . Terrible and I will avoid any deals by them in the future.
3: timing - we had a severe down turn in the speccy market between April and Aug. post that the hype has been in the resource sector.

Now let's look at the business performance
Use funds to hire sales and marketing staff - check
Use funds to build inventory and onboard large scale manufacturer - check
Build global distribution network - check
Get some marquee clients (NASA , Navy) and get into the defence procurement network - check
Revenue growth quarter on quarter - check
Inline to meet prospectus forecast - check

For me as long as business is delivering while it sucks to be down , I will continue to hold.