As If this admin was not planned way in advance. The share consolidation from 10 cents to $2 was in some way part of this plan. Why did they do this? No explanation, this company stinks, this is why it is better to just trade the asx top 50 to avoid the dodgy dealings in small caps. At least if BHP goes to $15 you know it will go back up one day to get most of your cash back. Plus dividends.
Who bought the huge transaction at 50cents knowing admin was coming? They all know what is going on in advance of us small stupid shareholders. Wake up how can we win??? It is not possible unless you get in for a quick chart trade.
E88 Price at posting:
65.0¢ Sentiment: Sell Disclosure: Not Held