Guys the charts and what can be seen in the graphic lines is unconsoling despite your good efforts.
The real story is embeded in the causes of the demise in the share price, especially since the consolidation brought down the dreaded (predicted by many) unintended consequences we are trying to come to grips with today. Although I am not sure the consolidation itself is the problem.
The only thing which might suggest any optimism for the future is that the CEO has been able to lock in a nice contract renewal for himself.
How do you chart that as a pivotal share price indicator? Of course that idea is absurd, but when I look at the current share price at 28c, or $0.028 in the "old" money, against what it was before the consolidation it makes me want to throw up my breakfast!
My point? Well................lets assume for arguments sake that including the consolidation and subsequently, that there has been a long process of good solid decision making in the head shed? Then how strange it really seems that we are going through a run of extraordinarilly bad luck, which shows no signs of coming to an end any time soon?
Does there seem to be a trend here that may have been observed in other times?
It is probably not relevant but I stopped backing my much loved Race Horse because the unlucky bludger seemed content to run mid field, doing his best work after the finish line, pull-up well, then eat all his feed. Good stable, good jockeys, just bad luck I guess?
Silly me, I swallowed the promises given when this establishment took over, their races have been run, and now everything seems to be standing still.
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