Stock is obviously cheap. Talked of also as a takeover candidate. Yet funds are willing to dump at these prices. Despite the numerous buy recommendations by sell side analysts we sit near lows.
If revenues don't increase meaningfully above 16m in coming quarters then we will continue to languish in current range.
I can't say much about the feelings of funds. Most of them won't invest in anything below $5/share stock. In ABTL's case, they had to do a reverse split to get to where they are, and that's not to go over very well with funds even if ABTL gets up to $5/share.
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