RE:RE:RE:RE:RE:RE:i like buying stocks....I've honestly stayed far away from putting out any statements/opinions on Airmap because of the high level of conjecture. The whole situation is trending this way now - so my focus is going back to logic based on the least amount of conjecture, if that makes sense.
This precipitous drop began after BNN lit the mosquito lamp, followed by the infamous IF insertation that coincided with the WB pulling their grant from Inga (only 1% of the total funding, btw) and the AFDB pulling support outside of infrastructure projects. Since then, there's been a lack of communication that hit new unexpected lows and a shake up of the board that has amplified those intial fears. Selling begot selling and fear has infected almost the entire shareholder base. Fear reverberates the swings as optimism has left the picture - but is this reality?
The only way to know is this upcoming PR. This will dictate our near term reality. Bankruptcy and selling are simply not options right now - which means we will be given more time. And more time equates to opportunity. Those assumptions of who is financing and what stage we are at, in my mind, are of very little importance right now. I don't even think to them when I think I ask what I should do with this investment.
I go to the only facts we know and I use reason to make an educated guess on our future.
It's my guess that Vertex extends the window out of necessity and thus gives us time to complete these final stages.
Keep in mind - Vertex is eyeing a way out, which can only come after financing. Blott would not be brought in if this were to go bankrupt. I am not a fan of connecting dots - but I don't think he'd be brought in unless they (and he) had reasonable assurance the DP was still a realistic and near term event. So I remain patient and watch the virus spread from the outside - which explains a lot of why the 'bulls' stay silent during these trying times; batten down the hatches and wait this one out.