Well, the share offer is now closed and those who participated wait anxiously for the result. Will it be oversubscribed, and if so, by how much? So much of the future of this company is in the balance.
Make no mistakes, this is a high risk; high reward gamble. There are so many things that can go wrong, and management are going to have to be right on the ball throughout. Failure will mean that we stand to lose 100% of our investment.
We have some great researchers and posters on this stock, but the difficulties or predicting the outcome of this gambit are considerable. I will be interested in viewing their ongoing analysis.
Still, fortune favours the brave, and I for one have thrown my hat into the ring and will hope for the best possible outcome. If they can pull this off we could all be sitting on a veritable gold mine.
For now though, I await the results of the capital raise to see how many shares I am allocated. GLTAH
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