Post by
Astralvoyages on May 26, 2014 3:14pm
Does the company still hold the Australian licences?
I used to be a shareholder and just came to have a look. I can't seem to find anything that tells me if that is the case? I might buy in again if trading resumes as it a good investment at these levels if the listing comes back - as long as they still hold the licences?
As they say, buty when everyone's selling, or when there's blood in the streets!
Folks - as far as any USA pink sheets listing goes, I'd personally advise any company with it's head screwed on to never list on the US pink sheets ever - no matter what tier and how well regulated it is. All the hedge funds and EVERY trader do is short any stock with a pulse on the pink sheets from offshore accounts - especially if good news comes out and there's a spike in the share price.
Copnaies like this one with a troubled history are food for the shorters trading the US markets.