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clock Created with Sketch. 12/10/17
20:38
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Originally posted by micky78
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"lots of "I think" and "my opinion" in there and that's the reason the SP is 20c and not 70c." "I disagreed saying they needed better results." "after all you're the one that was bagging Rob and team for taking too long not me." "not sure what THX has to do with my comments." From 2013-2017, PEX has never ask holders for money. We issued shares to SBM and Resource Capital fund and both of them approached us, we didn't approach them. We kept dilution to minimum and still able to get things done. However, as I said before market is extremely inpatient so our share price gets mark down because we don't move faster enough to satisfy Mr Market.
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Share price is not where it needs to be because the results aren't as good as they need to be. Simple - better results = higher SP but they haven't been able to reproduce those stellar earlier hits and people have moved on. Simple. A steady flow of news, peripheral corporate action, infill drilling etc puts a floor under the price but little more than that.
(20min delay)
