RBY 0.00% 0.9¢ rockeby biomed limited

Hey icesmooth,Unfortunately, for the SP to rise, I think it is...

  1. 102 Posts.
    Hey icesmooth,

    Unfortunately, for the SP to rise, I think it is not going to be about a sentiment shift for this company. It will straight out be about a change on their books and what their quarterly and sales have to say. They have some cool ideas and commercial products, but they have failed to execute on their promises. Yes, this may change in the future. If it does, their SP could rise a lot, but I don't think the SP will turn around by a change in mood. The fundamentals of the company will need to change - and quickly as I believe they are very close to the brink with their current burn rate but DYOR.
 
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