This company has always been a a giggle. It has never ever done...

This company has always been a a giggle. It has never ever done anything good for shareholders; never developed a project, taken a low value asset to a higher value, paid a dividend. The directors seem to be the major buyers and sellers of the stock and trade for profit. It is a trading stock where every now and then some far-fetched asset is thrown in and the stock ramped up. After a while it becomes obvious to even the most stupid investor that nothing is going to happen and the sp collapses. When the coffers get low again the process starts afresh.
I am actually glad there are these companies on the ASX boards - they provide a good learning base for novice speculators