I don't know why people are constantly defending this stock and getting upset when I present an alternative point of view.
WAKE UP PEOPLE! We are almost to levels pre-coal strike. Whats there to be positive about? The huge capital raising? The consolidation which will see out money tired up for another month while the world falls apart? The delay until more drilling? The lack of updates from management regarding Indo?
I invested in this stock based on research. Unfortunately the company hasn't lived up to my expectation due to the constant delays and I'm up to my elbows in this stuff. Just got to hold on for dear life and hope it goes up. Perhaps once the placement price is set the share price will stabilize.
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