The only solution I see is for the directors to put their arses and assets on the line to get any funding.
As these are the same ones who have destroyed shareholder wealth that means no funding.
i think the share consolidation was just to try and push the price up a bit to offload some shares.
If I remember right they then issued more shares which then made the consolidation pointless.
Lets be honest. Unless a miracle happens this is a dead duck.
VAL Price at posting:
0.5¢ Sentiment: None Disclosure: Held
