A little disappointed...15 May 2025 09:12
So I am a little disappointed that they announced the fund raise now. I was hoping for the strategic investor, sale of Total Carbide, then a fund raise higher and these funds would of lasted for quite some time, giving a chance for further developments and the share price to move in the direction most of us want.
Saying that, buy price was here not so long ago and plenty of buys going in over last 24 hours, so maybe we will here more about our possible investor soon and others in the know are tailing in on the action.
Still of the view if things go right, with the sale of Total Carbide, along with our investor, I cannot see another raise down at this low price again. Will they need more funds...of course they will for future growth.
I am still happy to hold, but like I have said previously, I have only invested what I can afford to lose. Please do your own research and make your own decisions with buying and selling. This is a high risk, high reward share.
Good luck everyone š