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8.9¢ yellow brick road holdings limited

Ann: Investor Update, page-30

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dthynne

16 Posts.

23/12/15

10:49

Post #: 16672869
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Originally posted by Inchiquin ↑

Yes, I reckon it has hit its low point. Perhaps even permanently.

Since the reverse takeover back in 2010 on a couple of occasions the share price has fallen back towards 0.200 but both times it doggedly managed to bounce back, and this now looks like the third time lucky. While there are risks on the horizon for this company, the current share price would seem to imply that this company has made no progress in the past five years, which somewhat beggars belief.

I would cautiously suggest that there is even a possibility that YBR might initiate a dividend payment in 2016, although there are a few things that need to go right first if this were to eventuate.

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Something is going on, 5 million shares traded yesterday (1.5% of the company) and the price didn't budge.

YBR Price at posting: 29.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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