am i missing something ??, page-2

Hrock
The company in it's stupidity is doing another 5 day average price calculation to establish the price for the placement of $2.6M to get the total from the SPP and Placement to the required $6m. No idea why they did not just use SPP price of 84.75 cents. Expressions of interest for the placement close this friday so I suspect the price will be based on this weeks trading, hence those intending to get stock in the placement at a 10% discount will not want to see the price rise this week. Also a lot of potential buyers will probably be getting stock via the placement and not on market.

It was a very good announcement and there are plenty more coming up this month.

As you said its a $2 no brainer and i agree completely. The next couple of weeks will probably be the last time the stock trades at or below 90 cents. A good opportunity to top up if you have any funds available