SO4 closed in the AIM markets last night at the same as 7.9c australian. Ive seen raisings of capital at a discount to the price so if that was like 10% or 20% then that would be a price of 6.3 or 7.1 cents australian. last rpice in australia was 31c so for those who are unlucky that means nearly 80% writeoff. and if they need to get 90$million thats like 1.4 billion shares. hard to see it getting up to 30c again becasue that means a market cap of nealry $500million, but they have got propblems with the plant and the management are too secretive. time for another beer and keep watching.
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