My last whinging post, as I have had a few beverages to celebrate our success.
This has been the worst investment over the 12-18months. I weighed up whether to bail at 0.002...but paid more for my options. The share price is abysmal and will only add to massive dilution when more con notes are converted. Will we hit 4 to 5 billion.... Yes billions and billions of shares. They are given out like candy. When the dust finally settles we will have so many shares on issue that the stock will not be tradeable. And if we consolidate it will only mean a lower share price again. The conspiracist in me also wonders if management have held off on production announcements to suit con note holders and give them maximum benefit at a retardedly low price. Otherwise, the alternate means we are totally screwed! Every time they issue shares they devalue our holdings to suit big players (unless they have been hoodwinked as well) Even small amounts at this share price represents a lot of dilution. If you held 2mill shares a year ago, they are now worth the equivalent of 1mill or less.... How could management have claimed so much and delivered nothing but dilution. Why doesn't Ashley and other directors throw some dollars in to support their company during this phase of bullshit? Or do they know better. I will wait for 0.001 to try and average down to get out asap. Worst stock of 2014 is now even worse in 2015. Will it disappear? Miz has lost trust of the market and management haven't delivered since April last year. And now we are holding a hot, steaming bag of crap that's oozing through the seams and running down our fingers. Well done management! Hope you bastards don't get paid, as that would add insult to injury... Thanks for delivering on nothing... Pyramid selling at its best... Next will be a delist notice or something like that. And the morons move on to run another company.
Rant done! (not quite) Sorry to any true believers. I was once. But our management are full of shite and we have all paid for the experience. Can't believe this went up to 0.008 on the acquisition and is worth less now. Also the market cap was 18mill when they had a sheet tin of debt and nothing to offer.... Now 3-5 million... Has it been manipulated or is it a total stuff up from our board. Either way not a good place to be atm. Apologies for my long winded, repetitive and annoying rave. But these guys are either the biggest crooks, or the most inept management ever (all in my opinion as a disgruntled, drunken shareholder).
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Last
45.5¢ |
Change
0.025(5.81%) |
Mkt cap ! $81.34M |
Open | High | Low | Value | Volume |
43.0¢ | 45.8¢ | 43.0¢ | $177.2K | 394.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 32039 | 45.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
46.0¢ | 13000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3874 | 0.425 |
1 | 2150 | 0.410 |
1 | 62780 | 0.405 |
1 | 4999 | 0.400 |
1 | 10000 | 0.390 |
Price($) | Vol. | No. |
---|---|---|
0.440 | 44298 | 1 |
0.450 | 150126 | 6 |
0.460 | 10343 | 2 |
0.475 | 1920 | 1 |
0.480 | 18292 | 2 |
Last trade - 12.20pm 27/11/2024 (20 minute delay) ? |
TTM (ASX) Chart |