MAT 0.00% 2.6¢ matsa resources limited

Ann: Trading Halt , page-7

  1. 4,723 Posts.
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    Ddzx

    It's the speculative company business model.

    Expectation of news. Pump up price. Raise capital. 'Encouraging' results. Share price tanks as sophisticated (and I use that word very loosely) sell.

    Start again.

    But with huge dilution and from a cheaper starting price.

    Continue until $0.001.

    Recapitalise.

    Start again.

    Such business models must be sold as a 'how-to' flow chart.

    Sheesh.

    Milesy
 
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