Why do people have confidence in this stock?
It listed in 2007 at about $1.75 from memory and then had a ten for one share consolidation. So that means float investors are sitting on a cost basis of $17.50 per share. It's trading under 70c and float investors will never get their money back.
It looks like it's all going to happen again to me.
If you ever have an an avoid on your list this is it in my view.
Cheers
getting back to $2, page-36
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)