sure, but they are cum raising plus promotion skills are dreadful hence why it is so cheap imo. management is incentivized for a take over at a low price i.e. why do you think they keep issuing options/shares to themselves every year? wouldn't it be better to issue them at certain hurdles (e.g. certain market cap levels) as is the norm. if a takeover came at 50c well tembo got in cheap so they're happy and management got a swag of oppies/shares for nothing so ofcourse they are happy. the average mug punter buying now can get better returns elsewhere in my opinion. but happy to be proven wrong ofcourse as im a long term suffering holder.
NZC Price at posting:
33.5¢ Sentiment: Hold Disclosure: Held