Nothing to see here29 Oct 2024 07:32
A very disappointing statement. I thought we might get thrown some bone in an attempt to move the share price forward. But absolutely nothing in this announcement that will help do that. You can only conclude that there are no advanced talks with industry parties. And the fact that Sareum is still putting itself in the shop window at events, would indicate this too.
I don’t see the position changing in the foreseeable future, until some good news of a licensing offer is announced. I suspect we’re six months plus away from that point, with the possibility of further fund raising at that time if we still have no interested parties on board.