Well I got this one badly wrong, capital raising is at only 38 cents a share to the fat end of town.
Is it a good sign that we have Mark Creasey as a major investor? His judgment has been very poor in relation to gold miner AXM. Lots of money down the drain there. I guess he is hoping to recover his losses through CDT.
Creasy does still have some followers left and they will probably also buy some CDT shares, if they have not done so already.
Well at least the market has reacted positively to the announcement and, I suppose, to the higher POG.
loki
trading halt - capital raising, page-3
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Mkt cap ! $4.118M | |||
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