IBG 20.0% 0.2¢ ironbark zinc ltd

Ann: Trading Halt, page-25

  1. 258 Posts.
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    fair enough KDWC, that can happen and I hope it does for all those that participate in This raise. I’d love to see the project happen but feel that this money is to pay the bills for the next two years at a 20% dilution to all holders. A competent MD would raise capital after the share price 4 bags near 8c whether they need it immediately or not. That would have raised more cash per share. Letting the SP fall so far before a raise is only a kick in the guts to retail holders. The joke is on us. Wouldn’t you agree?
 
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