Ok, forget the major issue and malarky of the CR and placement of shares for a moment. Question we need to ask is have this company got assets and or will have at some point this year a sizeable, provable lithium resource ? If yes, then well i'm hoping that new management can get this company back on track.
If foolishly you've invested all your money in the one stock, well that is folly given the highly speculative nature of this area of the ASX.
Whilst the urge is to be greedy and go all in with certain stocks, wise heads tell me having a portfolio spread across a number of players means less chance of being burnt.
I'm still confident this company has the assets and grounds to still be a player in the market.
Time will tell.
IDIOTS, page-142
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Mkt cap ! $12.39M | |||
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