This is a large company by revenue and market cap.
Trading at loss, mostly by assets write down and depreciation. They hold very little cash $19 mil on a $2.1 billion annual revenue.
However, the huge number of penny shares at the moment is strange to me.
13.573 billion shares x 4.4c = $600mil market capital with low liquidity trading is very strange.
0.1c movement = $14mil market cap movement..
Do you guys think shares consolidation is on the agenda ?
strange company... capital structure ?
Add to My Watchlist
What is My Watchlist?
