I also hope you made the right decision but as a CA, a company with under $30K in revenue, losing 2-3 million last quarter, having approx $500K in cash, entering a dilutionary stage of events, with previous contributing shares illiquid and barely in the money with further dilution at the end of Feb, plus having a new SLACF coming on line by the end of the year at 30c all up with assumed minimal demand, given the current price of 23c with a soon to be diluted market cap, assuming 250m shares at $55m plus, if all goes to plan in the months ahead, you can always buy back in I guess.
IMO, on current information known within the public domain, it is hard to find a company so over priced in this market. So much blue sky is factored into the SP already that one slip up will cost them IMO. I hope the AGM does go well - I am fairly sure distribution and marketing will be played hard.
I just hope that the rampers circa September are ashamed of themselves. The next CSL andf the shareprice to be $2.50 in 12 months?
I hope SLA succeeds as based on prev postings some have a lot tied up in this.
SLA Price at posting:
23.6¢ Sentiment: None Disclosure: Not Held