I find it bizarre that this stock is sinking like a stone when they are doing well. Yes the faster tech hasn’t been proven yet but that’s no reason to sell to almost 50c from the latest cap raise price of 80c.
The stock is barely diluted with the latest raising and Budgee has a huge holding so, until I see him offloading, I would say this is a huge vote of confidence.
I believe this stock is a sleeper and anyone selling now will feel like a tool in 12 months when we could be back over $2 on the right newsflow.
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