In my opinion ZYL has lost credibiliy and confidence with its shareholders. One example is one director failed to take up his option at 6 cents and share price was 10 cent and had fallen from 20 cents. What has transpired since oblviously management knew there was problem with Mbila, and question need to be asked about continuious disclosure. In my opinion there has to better communication with shareholder otherwise it will languish at these levels. ZYL has potential with some of it assets let see if they can get there house in order.
HWK Price at posting:
1.7¢ Sentiment: None Disclosure: Held