Ann: New Buddy Ohm Hardware Order Follows Growing Market Demand, page-88

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170 Posts.

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09/11/17

21:21

Post #: 28662300
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Originally posted by Bubbles Mcgee ↑

What is the rationale involved with raising money at 20c and then smashing the market with great announcements one after the other? Lay up for the bankers?

Just seems like such a bad play to me. Tactically doesn't it make sense to release the news we have seen in the last week and then go to the capital markets for more capital?

I understand that the bankers need to be taken care of when things are good in case one needs them when things are bad, but in this instance, they doubled their money in 2 weeks and i don't see why we needed to be diluted as much.

FYI I am not negative the stock and and been a holder since 5.6c including being at the event where the OHM was launched. I topped up again at 25c a couple of months ago. The progress is fantastic and i think we have a long way to go. Just looking to initiate some discussions around the cap raise and the rationale behind the timing of what has happened since. If you are a cheer leader then just ignore my post. I actually want to have an intelligent conversation about it and maybe learn something.

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My thought exactly, good to know I m not alone. I don’t have a huge stake and very happy with my 4 digit in the green. However may be I’m just selfish and greedy but some fat rich cat just double up in days leave a sour side taste.
i agree right issue takes time and deal has to be done so as monster opportunity is not missed, but darn we all would probably agree to top up at the market price 24c to meet the $23m. I guess I’m just jealous I’m not a fat cat Insto who gets this sort of opportunity

BUD Price at posting: 40.0¢ Sentiment: Hold Disclosure: Held
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