CT1 0.00% 0.2¢ constellation technologies limited

Eqz, I think the recent drop is the result of the disappointing...

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  1. 120 Posts.
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    Eqz, I think the recent drop is the result of the disappointing cash raising during share purchase plan. Where $750k was expected, only $240k was raised. I think that the product the company offers has a future but if funding and cash continue to be a problem, it will have to be sold to someone. For now, they keep burning cash and did not raise much. This remains the biggest concern. 

    I got out at 1 cent and it was the right decision. I could have done it earlier but decided to take a risk... and then the SPP results came...
    Last edited by dominikj78: 20/02/19
 
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