SKF 0.00% 16.0¢ skyfii ltd

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  1. 626 Posts.
    The current lack of market demand for the stock is perplexing and is something the company is trying to address.

    "We believe the company progress is not being reflected in the market," Mr Arthur said. "We're trying to tell the story more clearly and help the market understand what a trial agreement means and how far progressed that is."

    Directors continually buying loose stock is very good and presumably indicates that they (who know most about the future prospects of the company) believe it is a worthwhile investment.

    My musings. Lack of liquidity and "lack-of-ease" in understanding value of the company turns away the majority of the market and those interested in buying SKF may be waiting for more clarity on the capital raising. I'm hoping SKF are able to do the next raising closer to 20c than 15c, particularly as they did so well with the previous capital raise at 22c, and the company has progressed significantly since then.
 
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Currently unlisted public company.

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