Its a killer, double shares on issue for a measly $1.7mill. I guess its a sign of the times. Currently around 3.3c, issue at 1c, means we're looking at a fair price of 2c so may have some shareprice drop ahead of the record date.
I think overall while very hard for current holders including myself, that there has to be some interesting developments ahead. Some names have been acquiring stock of late. I am hoping personally that the price does drop quite a bit further because I will look to add substantially to my current holidngs.
It wasn't long ago that director shakeup ended up with Ian Allen, founder, out on his behind. The product is amazing, has many applcations and new blood could finally unlock its potential.
As with most spec stocks still alot of risk in this one.
DDT Price at posting:
2.1¢ Sentiment: None Disclosure: Held
