Because it still has the Sesame Street Gang attached to it in part who have never had retail values as a priority unless it helped filled their troughs, an yes they are the same who are running 1MC and the same who lost Altura Mining through incompetence, and at this point we are producing a product that is losing money head over heels... so the market reacts to those insipid decisions by the BoD's and now there is to be a merge with a leech of a company that brings nothing to the table other than more cash flow problems, this of course only means more dilution of shareholder value and then a consolidation that will help kick start the feeding frenzy so the piglets feeding from the troughs can continue all over again for the new investor's because by then many of those mum an dad investors who have lost millions here would have gone and so the cycle starts again....welcome to the Corporate World/BEOT.
And the maggot shorters who act for and on behalf of the BEOT when required to stiff retail a lot or a little depending on the incompetence of how a company is being dìrected by those in charge.
SYA Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held
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