So I guess Monash couldn't find the funds this week either? It's comforting to know our much hyped CSI is flush with funds. I thought this is how it was meant to work:
CSI says "here is our money, can we have XXX shares please". ECT hands over the shares.
Our approach is:
Oh you want shares? Sure we'll announce to the market 3 times that you will find some money...eventually...and that you have missed the date but don't worry, if you ever find the funds you can pay 50% more for them...if you ever find the funds that is.
ECT should just announce here and now they are seeking alternative funding measures and just dissassociate themselves from this farce .As a shareholder, I feel as though I have been treated like the rear end of a donkey. I don't like having the wool pulled over my eyes. Sorry for the rant but that's how I feel. At such an important juncture for the company, we cannot afford to get caught up in wishy washy, pie in the sky deals.
I hope ECT management make me eat my words and soon...
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tick tock...show me the money...
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