AUZ 0.00% 0.7¢ australian mines limited

No share consolidation in the near future from what the CEO was...

  1. 63 Posts.
    No share consolidation in the near future from what the CEO was saying...I asked him this question about 2 weeks ago when I rang (after he didnt reply to an email I sent him a month earlier)...he said that he would consider this an option down the track but there were no plans at this stage to consolidate...I asked him what he thought the true value of the SP was at the moment and he said 0.002, which doesn't mean a lot I guess but gave me an indication of what he valued the copmany at..he sounded optimistic, but I guess thats his job as CEO...I'm happy to hold for a long time (ie 3-5 years)..who knows what will happen then - I'll either lose 2k or have more than that - not too fussed either way and happy to hold long term. Back to watching the grass grow...
 
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