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Originally posted by Chuxa:
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Only once they get some positive focus and stop diluting/wasting shareholders wealth. a. company eventually delists/ goes into administration or consolidation and rename (common)b. company gets lucky with geo work and strikes a deposit of some sort of promising size, either develops it, sells it or farms it out (rare)c. company keeps jumping from project to project and commodity to commodity whilst undertaking many CRs and consolidations (most common, we are here )
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Originally posted by Chuxa:
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In case you needed any further proof, look at the SP trend its over -90%+ from its peak in only 2 and a bit years. No share price support, no real strategic direction, no liquidity to even exit the stock, you are seeing convulsions of a dead company that tries to pretend that it's still got something to offer.
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BOD has thrown their own cash NICKELX LIMITED (ASX:NKL) - Ann: Appendix 3Y - Change of Director's Interest Notice x 4, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum A nickel for your thoughts: Matt Gauci | ASX:NKL (*.com.au) NICKELX LIMITED (ASX:NKL) - Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
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