How can they legally make these misleading claims in the last cap raise announcement and then drop this cap raise now?
http://www.asx.com.au/asxpdf/20170503/pdf/43hzp40rzxjby5.pdf
There was a $5.2 million raise in November 16 that was stated in the April 17 quarterly that it was to finance the entire program. In that quarterly they had $3.6 left to fund the program, then they did the next raise only 5 days later for $2.5m saying it was a back up. They haven’t even got through 1 hole yet they state they had enough to cover the entire campaign and any unexpected situations.
Reads to me like a complete set of lies IMO and ASX should be contacted over lack of disclosure and misleading information to market.
- Forums
- ASX - By Stock
- WGO
- Ann: Trading Halt
Ann: Trading Halt, page-33
-
- There are more pages in this discussion • 72 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)