What would expect the open to be at if we started trading. I would fancy a significant drop.
I just don't see it benefiting holders at this stage.
But your right. They have announced the bad news.
They have announced to a certain extent we are now just a shell looking for direction.
We all know it is most uncertain future.
I only have a small holding so makes not too much difference to me.
Though i am sure larger holders may be different.
Maybe they are busy looking for Ced to get some of the $350k salary back as it is now proved he was not worth $3.50pa.
IOR Price at posting:
6.9¢ Sentiment: Sell Disclosure: Held