jabiru funding announcement..., page-4

down 25% since this milestone announcement

why, the market is assuming the bookbuild we always be done at a sginificant discount to the VWAP price. They can push the price as low as they like. Ballantine in his stupidity and incompetence has left us exposed to this situation by not putting the company in a trading halt until funding was finalised.

Everyone was talking about a dollar and we have 60 cents instead. Who is going to buy when the assumption is that the bookbuild is always lower. Stock getting smashed down again today. You can defend Ballantine - I can't stand him.