"You?ve seen our stock price go from the 9c or 10c to the 16.5c, 17c that it is lately. "
True but only half truth.
SP was around 15 to 16 prior to the convertible notes conversion and subsequent selling by major participant knocked the SP right down. to the above mentioned 9 or 10c.
So the recent rise is really only recovering the lost ground, after the distortion caused by the action pre convertible notes conversion. It has been achieved on increased capital, which is a positive,.
Gerry McGoven would make a good politician with answers like these. Maybe he should stand for parliament, where we are used to used to twisting and stretching of arguments without giving fair answer
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CBD Price at posting:
16.0¢ Sentiment: LT Buy Disclosure: Held