How many busted arse companies have incorporated an acquisition into a needed raise, and seen a good push up in SP?? These guys manage to go from bad to worse. They went with the acquisition/ raise playbook, but chose such an uninspiring project, this is now just another cash drain, that even if they eventually prove it up as a decent looking project, there will be no love from the market any time soon. This company has been my worst mistake!!! Even until this latest error, I believed they would acquire something decent, and our fortunes would begin to change. Instead, I don't even think we have churned through all the last CR participants, and now we have $1.5m worth, and Buckley's chance of an announcement that will get any volume!! It's lucky hotcopper doesn't let me use emojis otherwise I would fill the pages with crying face emojis.
BM8 Price at posting:
8.1¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)