AU MIN Africa PTY Ltd. (GRYEF)

[wb46]

Not to be a contrarian, but I don't see how they can not do a reverse split. If they are to buy other businesses with stock that's worth 2 1/2 cents, they will have to issue many millions of shares. Too many shares and this will always be a penny stock. If they hope to have a respected stock, then I believe it needs top be at least $5 to be listed on NASDAQ. So I think the R/S is inevitable, but not necessarily a bad thing, especially for long-term investors as opposed to those just trying to flip penny stocks.