Large volumes being sold down for NO gain is a worrying factor here. Just over 47 Million sold off in less than 2 days of trading. Seems someone wants out.
Quite understandable as the statements that have been made in announcements as to revenue stream that have not eventuated. It is better to not make forecasts than to not deliver.
SP IMO will languish until revenue stream covers outgoings and small profits are achieved. Pretty hard to achieve decent profits when there are only management agreements in place.
Grudgy in their post alludes to being a shareholder, yet their position is No Stock Held, interesting.
IMO DYOR
MOT Price at posting:
0.1¢ Sentiment: None Disclosure: Held