I've been through CR with BLT several times over the years and from my memory the only time when things were so secretive so close to the end of our cash was when La Jolla jumped out at us. On other occasions, management flagged the need to make rights issues several weeks or more before the actual issuing of the prospectus.
At what stage does a shareholder have a right to know how the company intents to continue trading?
BLT Price at posting:
35.0¢ Sentiment: Hold Disclosure: Held
