@Fengels
The expected return has already been adjusted via a lower share price and greater road to recovery. Also adding fuel to fire is larger dilution which have also lowered overall share value. I am fortunate my holding is small but as a long term holder im disappointed at current management because as an owner I have lost half of the value of my assets. While 20-30c is somewhat of a speculative, I thought they would have broken this barrier getting a mine up and running. This is turning into the classic "penny dreadful". Hopefully management will sort this out, but with an eroding share price on the back of no news I wont hold my breath. Last time erosion occurred it was followed by bad news. Usually some (employees) would have some insider information (poor collection) and words spread.
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9 | 1672598 | 0.084 |
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11 | 396319 | 0.082 |
Price($) | Vol. | No. |
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0.088 | 202775 | 2 |
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