Another reasonable assessment Stocky.Also punters are in the...

Another reasonable assessment Stocky.
Also punters are in the dark with respect to further financing that will be required in the near future.
Will it be a traditional type CR or will it be a partner willing to provide ongoing funding? This uncertainty stifles and stagnates the SP IMO.
Which ever option, it will come at a cost to the current shareholder in the form of dilution or a significant burden on the balance sheet.
Cornerstone investors don't put up significant parcels of money just to help out. There will be terms and conditions onerous or not that will be relevant to any cornerstone investor joining the fray. They will certainly want their pound of someones flesh.