Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
It’s about to drop to 0.05; shareholders who bought the rights issue need to be careful. The major shareholder is looking to bail—it could easily plummet to 0.01 and end up being acquired by someone else.
The fundamentals look quite shaky because their cash flow is inconsistent and the valuation is way too high relative to their stagnant earnings growth, so honestly, better to just avoid this one for the long term.
Sell the stock at 0.08; otherwise, it’ll soon drop to 0.01 and then undergo a 10-for-1 reverse split—and by then, you won't even have tears left to cry.
