i know its good to hope for but look at how they have acted in the past . they say they are going to look after share holders yet time after time they just keep kicking share holders .
do you honestly think them mining is going to make the SP go up?
they still have he shares to issue from there last meeting that passed to go to LDA i think it was another 1.5billion i could be wrong on the number but it was in the last meeting.
you know SP is determined right.
Share price is ultimately determined by supply and demand in the marketplace. The more shares in circulation there are relative to demand for this stock, the lower its price will fall. The more demand there is relative to shares in circulation, the higher its price will climb.
as you can see by the charts there is no demand and its got heavy sell pressure . for a new investor coming to look at a stock they look at this and other factors like the,
Morningstar Quantitative Ratings Valuation RatingUndervaluedStar RatingFair Value Estimate0.002Fair Value Difference52.15% (0.001)UncertaintyExtremeEconomic MoatNarrowFinancial HealthWeak1-Star Price> 0.065-Star Price< 0.00
just look at there debt/equity ratio that is appalling
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