But a 1 for 10 consolidation is confusing investors-
Are they genuinely trying to clean up the share register or soon to make an acquisition or just plucked that figure out of their 'asked my mother for sixpence'.
It wasn't that long ago we were worth 0.50c now they want people to believe we are worth $16.00 (GET WITH IT)
Investors have long memories-
I repeat we are not worth $16.00 what ever spin you put on it.
Analysts and investors are laughing at us again.
There is no doubt about who is confused here.
cheers
redgum
OZL Price at posting:
$16.00 Sentiment: LT Buy Disclosure: Held