ZMI 0.00% 1.0¢ zinc of ireland nl

Ann: Quarterly Activities & Cashflow Report, page-4

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  1. fff
    487 Posts.
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    I have no argument with a consolidation of capital of a company with 2.43 billion shares ….but 20:1....I mean do you really think that the company is worth 10 cents ?....if you want companies with massive zinc resources look at the value of WRM,TKM,AZI....the consolidation ratio is just an arbitrary number picked out of the air...I would pick 5:1.....after consolidation I will be looking to pick up shares below 5 cents...
 
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