Reverse split is not that funny,I guess....
Given a reverse split 10 : 1, it is harder to get back out of the water,because the stock would have to move up to more than 4 Dollars while the current sp has just to jump to 40 cents to reach the same effect.
I bought back in the low fourties,another quick rise of 20 cents will bring me nearly to break even.
Next news from Australia are due the closing (12.12).
In my guess the market is betting on news at the AGM.Investors had no personal contact to Bruner for nearly 5 quarters.Bruner will be asked a lot of interesting and revealing questions.
An insightful meeting could change the picture of the play and give some eligible hope for the future,as many investors have lost confidence anyway.
Szabo had to face just a few unaware reporters and we all know to what extension they were in the dark,on the other hand Bruner will have to face a bunch of experienced investors,asking specific questions.
Looking forward to that meaningful event,is there anybody out there attending the meeting in Vancouver on Thursday ??