The culture within this ASX listing over the years has been deplorable.
Utterly reckless and without viable business plans.
The lot of them should never go near a public company again.
As for this new mob - well the path forward is vague and at this point they seem to be setting it up for the inside group to capitalise if any positive results are achieved. The recent consolidation suggests once again more cash will be raised via brokers placement to the sophisticates and then offloaded into the market on an announcement.
It would seem the pattern/culture is entrenched.
IMO
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