RE: AD.24 Jan 2025 15:37
They will not release anything until they are sure the placing shares have churned. It's just how it works, let the placees take their small profits, that's how they make money, replace them with investors who see the end game and won't crash the share price as they are more likely to hold for the serious stuff. What i mean is, the people that take place in raises normally don't care what the business is, they just want quick profit and move to the next placing, why would any BoD release good news allowing them to dump shares at a higher price? That's not protecting genuine share holders who believe in the business.
Gst want Lth's like any company does, they will release news when it benefits them, not the quick profit taking placees.
We will find out soon enough.