ENG 0.00% 89.0¢ engin limited

This is ridiculous... I do not want to sell. Do you know that I...

  1. 1,927 Posts.
    This is ridiculous... I do not want to sell. Do you know that I paid $9800 to buy 40,000shares originally in 2005 when Ch7 came out with some rosy scheme... Then consolidation 1:50 came and share values ($9800/800shares = 12.25 a share) got diluted. Compare to that .70cents is nothing. Why should I sell them at a loss of $9200....

    May be consolidation last year 2009 was a conspiracy and intentional to dilute the capital!!

    What is the recourse for me and like minority share holders?
    Will ASIC help me?
 
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