Not sure I do know, but what I do know (or am lead to understand) is that a very large parcel of shares (700,000+) has been touted about the private market at .15c, so obviously the open market price will reflect that offering. Word is that the majority have been placed, but for us long suffering holders this is not fun to watch.
Again I can't fathom why this company, with all it's promise, is relegated to the bargain basement bin. OK, I know there is a global equities melt down but this downward slide started well before & we've suffered far worse than 'comparable' companies.
I would welcome any views, expectations & rationales on the subject. It is unfortunate that there appears little life on this thread.
SIM
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