CEO 0.00% 4.2¢ c @ limited

"Corporate strategy adopted appears pathetic"Leapzig, please...

  1. 3,628 Posts.
    "Corporate strategy adopted appears pathetic"

    Leapzig, please expand on this. Very general and dangerous statement to be making without backing it up with solid information.

    Everyone needs to take a chill pill here.

    Nobody is happy with the SP where it is, but it is where it is so deal with it or sell and move on.

    My opinion is that the main reason for the depressed share price is the huge consolidation about to be undertaken. They don't have a choice, as they have stated, but a lot of people simply don't want to see a stock suspended for a month and then, when it comes back on, only own 5% of the shares they owned previously (even if the market cap. stays the same).

    I am not happy about the consolidation, but as stated, no choice in the matter.

    All of this will be forgotten very quickly if they hit another massive coal seam in the next couple of months.
 
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