Hard to believe this company cannot attract investors... on the board they a former head of JP MORGAN Australia and a guy with his own iron ore trading company.
I sincerely hope they're not setting this up to be bought out cheaply by Brownstone International. Our major holder and private equity investment group.
Ken Maiden says he's at a loss to explain the share price. We'll seee how much he values the company when it comes deal time at the table with a joint venture partner.
ZGM Price at posting:
4.0¢ Sentiment: Hold Disclosure: Held