KAS 0.00% 1.5¢ kasbah resources limited

Hi folks, I bought some KAS shares back in the day when they...

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    Hi folks,

    I bought some KAS shares back in the day when they were trading at 20-30c. Only a small amount but still made a loss nonetheless. Fast forward 8-9 years and it does indeed STILL look like the "dog-poo" stock that people keep calling it on these forums.

    I happened to take a look at it yesterday by passing chance and noticed the new management team, videos, website etc. Given the shite performance of KAS over a number of years, the massive share dilution and the burning of $90mill to produce a DFS... does anybody think that this stock holds value at present?

    I had a look at market depth today given 2 reasonably good announcements and there was a whopping $9k traded.

    Who hear can offer an objective view on what will happen next? Will there be a share consolidation? Will SP keep falling? Recover?
 
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Currently unlisted public company.

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