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Ann: Market Update, page-140

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  1. 633 Posts.
    I think they will dump at 1 cent or less. With future cap raisings guaranteeing the isssue of hundreds of millions of new shares at much lower prices thereby hugely diluting the share price then even blind freddy would be getting out very quuckly.

    Just remember that all these new shares via cap raisings and to Hunter capital and the release of escrow shares ensures that it will be extremely difficult for the share price to be able to get much traction going back up. As i have said before for and as we have seen already any movement up will be immediately sold into.

    I must say why a founding/large shareholder wants their shares released out of escrow instead of keeping them in escrow and showing faith in the company has to be a massive red flag
    Last edited by flocka: 09/06/17
 
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