I am prone to the romance of wishful thinking but at these prices I reckon it's ...almost ... a safe bet to jump in without the water wings. How much did they raise with the institutional placement?
Those are sophisticated investors and if they thought there was profit over 70c a share then what are the odds there will be ....based in this fact alone?
How often do those guys get it wrong? Anyone know?
Ann: Quarterly Activities Report, page-70
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