There's always a small tinge of excitement associated with a TH.......it could be a major contract win......a positive decision from the QLD Gov (hahahahahahahaha...that was a joke)......a resolution of the Summa legal issue......quickly quashed with the old Capital raising !!! Here we stand at a 'robust' 0.015c per share......Christ knows what the 'sweetheart deal' is this time. Will it be sub 1c ? The dilution will be also punishing. The next kick in the guts will be a consolidation of shares 10-1. For a company with such potential it's been in reverse gear for so many years and the reverse momentum keeps gaining traction. I know it's not all the company's fault entirely given the block of indifference it has met in QLD. But the end result is the same....shareholder capital & value destroyed and looking less likely to ever be returned.
CNX Price at posting:
1.5¢ Sentiment: None Disclosure: Held