The moaning about the cr and sp is perfectly legitimate in my view.
Shareholders were well aware That finance needed to be obtained to further developments.
After the drilling at Pavo revealed a successful find, logic at the time suggested the share price would rise. Retail investors bought on the news whilst the sophs sold knowing they could buy back at 30 cents in a few weeks. How that treatment by the company to its loyal shareholders can be excused as ok is totally beyond me.
The share price might now go up and this miserable treatment might be forgotten, but not by me.
I am in the green as I have been holding now for years, but I can’t wait till I reach my target and sell.
I have always thought highly of the management team but do not any longer. Disgraceful conduct IMO.
Ann: Successful $70 million institutional placement, page-6
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