market cap- is quite fair given that the daily weekly monthly and yearly averages are all down down down. cannot see the share price increasing in multiples anytime soon please ? there is nothing other than weak promises that gives this company any chance of increasing the market cap in the next 12 months.
hope- thin
patience- has a limit
funds/cash on hand- empty bucket
bod- failed to get the company relisted so far
bod- continue to bungle and blame
tenements- all options are stalled to date
vic, sa, qld, png are all jammed up !
consolidation- as an urgency.
excited few shareholders- bolt in for the latest share offer to get the relisting so that I can jog on with many others.
asx/asic- listing rules are in place to stop entities trading insolvent ! Right or wrong, be it the board's doing or external challenges, lko are trading in a technical insolvency. This does not help raising funds from any sector, let alone the industry that lko trade in. the energy sector is already challenged in the market with wanning interest. Fund managers are being pushed away by their members encouraging them into other sectors !
Tread slowly and carefully.
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