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Looking Sick, page-16

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    Also to be fair, there has only buying in last 3 years was when they have taken advantage of capital raise opportunities to buy at massive discounts to market. Why buy n market when you know the cashflow and you know there is a CR just around the corner.

    They effectively have no choice in those CRs but to buy as you CANNOT raise funds in this microcap space if the management/directors are not buying into the CR. It is the first question that is asked by high networths and funds when you ask them for money during a CR.

    So they do not believe the company is good value here or they know another CR is coming. Those are the only 2 conclusions I can make from their lack of buying on market at these prices.
 
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