After consolidation Corazon was 6.8cps since then they have diluted the company by well over 50% they acheived that within 10months without improving any value to the company looking at todays SP of 2.2 shows they still on track to continue with a stagnated SP that has lost well over 70% of its value post consolidation and given their track record of putting out the flavour of the month, from memory it was Cobalt when it took off, then it was Nickel and know we have the white gold in Lithuim banded out, go figure.
You maybe right it may well be worth a punt given the only ones feeling the immense pain are those who have been connected to them for years and lost substantially, the opportunity at this point could well be a good move for those buying in at this stage as they have very little exposure or as in maybe your case you want to milk other holders by trading in and out as you do, so a little pump here an there always helps to milk Corazon as you stated.
From my point of view until the company has Concrete Evidence it has something worthwhile to jump into then one would need to tread lightly given the company's history and past performances of acheiving very little, imo.
CZN Price at posting:
2.2¢ Sentiment: None Disclosure: Held
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