Hey Spec - not quite dead, but its in intensive care, potential for recovery. I think the mere fact there has been changes in Directors and a bit of background work while being de-listed (or whatever the correct term is) says something.
There are plenty of companies that de-list and are never heard of again, but there seems to be a little bit of background activity - change of Company Sec from the previous one who appeared unable to write a decent announcement, change in Directors. Something is happening?
I agree this one was run up by the sprukers and some brokers who were running an overly positive story on it, and we got caught up in the momentum big time. I have a hopeful feeling that the mere fact there is background activity may be a positive, long term. Red/Black at the casino might be a better bet, but I hope some hope for the extreme long term.
Good luck to the holders and those who were burned by past decisions / actions of the past directors.
HWK Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held