CNX carbon energy limited

Other than more dilution, no revenue & plunging share price...

  1. 6,470 Posts.
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    Other than more dilution, no revenue & plunging share price (same story for the last 5 years)......it's probably just the norm occurring ...same same.....during the period of suspension it will be just haggling HOW much more dilution and HOW much lower the share price will be after the suspension is lifted. Of course we could be looking at a 1-10 consolidation....followed shortly thereafter by a cap raise (at the new higher price ie 13c) or we could be looking at a takeover deal at 1c a share ?? It matters not now...after being cannibalised by our own kind (QLD gov turds) we are dead in the water...at the total mercy of someone with cash and vision. In comes Lung....hoovers up all of the good technology & expertise......and the rest will define our 'history !' I'm speculating one or all of these scenarios.
 
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