this is the second consol in as many years. they just keep consolidating, and the SP just plunges straight back down to 0.1c.
problem is they have no business acumen. seems to be a never ending line of "sophisticated" investors throwing money at this, even after years and years of failure and plunging SP. no one in their right mind would invest in this, so it does beg the question - where are these "sophisticated" investors coming from? and where do all the capital expenses go?
CMY Price at posting:
0.1¢ Sentiment: None Disclosure: Held
