Why don't you think less than 0.3p. Don't forget it's the institution that dictates the price, not THR. It will be at a price they can flip them at. Like it has been many times before. This has gone down 99% already. The main thing not to forget is Mick doesn't give a **** about the share price or how many shares in issue. As long as they get the cash to keep the lights on. As the market cap is low it probably doesn't matter anyhow. Maybe the next BOD will make a go of it.
There's going to be a placing soon at lower than we are at today IMO. I reckon <0.3p so maybe you'll be 40% down soon. Look at their history. When they're desperate they'll place at anything. Some times the placed at 50% discount.
RE: potentially a very exciting phase26 Jun 2019 13:22
If you like lots of drilling results and placings. Lifestyle company this is. Nothing comes to fruition. The recent expansion of their portfolio to placate some of their mates shows that.