What they didn't have back in 2009 is near as many outstanding shares as they do now. They also did not have a record of near starts only to see things being screwed up. I think there is an eminent of mistrust at the moment. There has been so many false starts - looking like things were about to fly only to see it come crashing down at the 11'th hour. Lack of effective communication also does not help.
I am actually positive though. Whilst there has been many negatives I feel they have done a good job to get it to this level. Most would have failed by now or as you said have a couple billion shares outstanding.
I don't know, but I think the market is looking for some consistency in performing stated outcomes. I am hopeful that is about to happen and we should see a reasonable rise on the back of this. Commensurate with a rise in some cash savings and the elimination of the fear of another cap raising.
WWI Price at posting:
1.8¢ Sentiment: Hold Disclosure: Held
