dont want ANOTHER consolidation- with Bergen out they may have half a chance if managment ever do anything they say they will do?? shares in issue isn't huge by aim standards so see how it goes? from someone owning say 2m shares a few years back to now if this consolidation goes ahead THEIR 2M SHARES BECOME 1 SHARE!!!!! WHAT KIND OF A 'STRATEGY IS THAT?????
So those who started off with 2m shares at much higher prices were then diluted in the first consolidation ending up with 500,000 shares- now in the next plan that once 2m becomes 1 share!. unbelievable.
What needs to be done here? So far down here not much point chasing for tuppance! started off with a decent position- then consolidated and now they plan to do it again just months later!. What do i need to do to 'protect' my pittance holding in their new 'plan'?
Why would they do another consolidation after Bergen have sold out?. Perhaps investors might actually buy a few with them out of the equation after dumping for years!.
when you say 'good return' you should give consideration to long term holders here who have lost over 95% of their investment to date with zero chance of ever getting it back or even a reasonable % of it!.
it will open at 10p but only after yet another consolidation!. long termers here have nothing left now so thanks txo. they keep telling us how many shares are in issue but they are the ones that 'organised' the Bergen deal!. the assets could have good potential but the strategy sucks.
getting less optimistic as time ticks on and there is very little time left. what is the problem and why is something so simple proving so 'difficult'- or was this the plan all along for txo??- convenient?
TXO have also had an approach from an invesotr lookingtobuy their ORS stake- $400k cash - if they get that that will beworth the current mkt cap in cash and still retain main projects in GBG/ ARL. $10m of gov funding going into GBG associated operations.