RE: wait to see who's thrown in their hand. TR1 might make for a rise.7 Mar 2023 20:10
They stated today they didn’t feel they needed a raise. The cash burn was to setup production, supply chain, equipment etc. hence the large capex spend. 25m mcap now. 1 oem deal done. 11 oem deals in pipeline if you work on 1/3 ratio then potential 3-4 more to come in. Seller possibly done tr1 and director buys I bet. Let’s see this out. Such a strange day with the book. Sells higher than buy price and vice versa. NT to buy a lot of the afternoon. 12% ish of company traded.
Technical analysis rsi on its knee way oversold on daily. Weekly. Monthly etc.