Thats one ugly market depth?, page-2

It genuinely looks like it's being worked lower for a T/O bid

The exact same grubby trading occured prior to the last. It was sold directly into the bid day after, sometimes leaving nothing on the offer for 1-1.5c higher - absolute stupidity

There was zero promotion or marketing from management to assist and sure enough, a lowball bid came where they were coincedentally offered board positions at CAKRA

The bid back then was 16c cash when we had no licenses, $15M of debt, coal at $100/t and similar cash. We now have a 3c SP, soon to be debt free, fully licensed and coal at US$285/t ! Equating for dilution, we would need a 12c bid just to equal the original, which is a 400% premium ! That is ignoring the massive change in fundamentals which really should bring a 15-20c bid

We are being robbed

The stock should be 10c+ yet someone has more than halved it since release of extremely positive DFS and coal breaching $300+ - not at all a little suspicious ?

Managements defence for the debt deal was it had to supposedly pass ASX rules and be completed via special meeting - in that case, said meeting should be being called next week