Can you imagine a scenario where company communicates to the market well respecting the NDA still, announces the key progress steps, and bring in sales?
There are still people blaming shorting, but the fact is, once company management pulls its finger out and decides to support its retail investors as well, not just the likes of LDA, then voila! Shorting activity will decrease.
Shorts will cover, share price will be up.
Magic.
If not willing to do that, yeah sure we can keep blaming the shorters, shout from the roof top against shorting while they make money and the holders suffer.
It is frustrating , baconlover.
yes agree with your post. take out the "emotion" of the Tech behind akida how great etc and look at the biz from a shareholders perspective.
you must ask this simple question. ..........WHY? about everything that has happened.
It would "appear" that our USA Office of Management do NOT want to operate or deal with having an Australian Company. They operate like a US Office of a US company. Since they have a "cashflow" coming in from LDA on call, and
NOT from shareholders (ie: capital raisings) they can ignore the ASX and the Shareholders, particularly since none of the top brass want to SELL their holdings. (Yet)
Please note - I do not for one minute believe that the shares we are shown (Top 20) belonging to management are the ONLY shares!
Many moons ago I used to set up for my clients Accounts in HongKong, Panama, Bermuda, Caymans, Delaware(usa) etc. Everyone with a brain in management does this. High net worth people do this. for a reason. (tax, diversification of assets, protection assets etc)
IF this BRN finally gets going,..........I will be doing this myself (I am dual Citizenship).
Yak52