nothing to be happy about here
agree 1 cent shells seem to be worth more than 20 cent shells (which normally equal cash backing) so adavale structure may still have some limited value - weak boards and managers ( and these guys are world class at weak) however tend to be too proprietary to admit they have failed and move on. Frasnkly if you cant make anything happen in Indo (or anywhere) for 2 years + perhaps time to accept defeat
Welcome to the world of micro cap investing .... will look to top up (and average down a long way!) when we inevitaby drift back to around half a cent as the upcoming dilution becomes clear.....i hope i am wrong......
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nothing to be happy about hereagree 1 cent shells seem to be...
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