DDD, I agree. I thought it was only a matter of time. When you do nothing, produce nil reports, produce nil profits and are not transparent to the shareholders, what option or alternative is there ?
Im thinking is selling my meagre holdings on the premise that something is better than nothing.
There is somewhere between zilch and nil that I would subscribe to any capital raising based on what has or has not gone on in the preceding 2 years. Whadyareckon ?
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Hi Peejay,
Its been a slow death really.
I can't give financial advice as you'd appreciate.
Having said that, the dilution from the placement and the potential additional dilution from the options to be issued essentially wipes out any upside for existing holders.
You can probably punt it (the sale proceeds) on a gold stock and make 50% on your money before Christmas.
Cheers,
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