There is no way anyone can price this company at the moment. In all the presentations I can see no view of profit projections for 2012/2013. They say the Offering at 5c is close to book value. Well if the assets are crap and don't have positive Cash flow and Profit to support them they are worthless. They did not get my money. This share could go anywhere in the next year. People have long memories and they will have to put up at least 3 positive 6 month earning reports before they regain credibility with the doubters. See you in 2013.
NMS Price at posting:
8.4¢ Sentiment: Hold Disclosure: Held
