this is what you get for buying rubbish like this.
directors control 80% of the shares issued yet they are issuing shares at 0.06 cents - a whopping 100% discount to yesterdays closing price.
asic should step in here immediately.
question have to be asked - why are they flooding the market with 60 million shares to raise a paltry 3 million when they have 8 million sitting in the bank?
capital raising, page-3
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