Nobody is going to buy these shares unless management give them a reason to.
But maybe the constant declining price suits managements goals? Cant help buy worrying I am about to go through Baraka ver 2 with a huge soph dilution. It seems to me that at almost every point when the share price tried to rally they had some plan to knock it back on the head. Extra cash, project dilution threats, not supporting cap raisings, ditching key projects.
I think I saw around 22 million in accumulated losses on the accounts now?!
Most of us at the end of our lives would like to look back and see the positive contributions we have made to family/friends and our communities.
These guys are in danger of having to look back at having ruined the finances of hundreds of shareholders and burnt tens of millions of dollars in a couple of years.
But maybe they don't even think about it that way?
KEY Price at posting:
2.5¢ Sentiment: None Disclosure: Held