Hi teerak,
Are you seriously saying that people should invest in a company that;
- has consolidated its share register (50-1) thus allowing its share price to drop to a level that values its previous share structure @ 0.0006 cents each
- has a stagnant trade position, i.e. nobody could be bothered to sell at this level and who would buy
- is effectively illiquid, and
- has lots of pipe dreams, but no capital to complete them
The only way they are going to achieve anything with their Manganese smelter projects will be through a massive dilution.
If there was any value left in my shareholding in the company, I would sell, but its not worth the trading costs.
So in summary please don't call people idiots for not buying this dog, they are the smart ones.
GMC Price at posting:
3.0¢ Sentiment: Hold Disclosure: Held