Agree that it's minute volume that is resulting in a terrible share price but what bothers me is the fact that no one close to the company is bothering to buy anything. If it's such a bargain, you'd think that a director, large shareholder or employee might part with the paltry amount to support the company valuation and get a bargain. If not, why not??
A related problem is the prospect of a capital raising. At 2 cents, that's not a great prospect for existing shareholders. Again, lack of support from anyone, especially those close to the company, is a real worry.
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tigers realm coal limited
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