Whats this Tesla legal claim?
Just got home from work.
Need to look at the Ann in more detail.
I can see very clearly that GM was misleading the market at Diggers and Dealers and Investor call wgrn discusding our cash position and where its allocated.
This cap raise is to fund what he led us to believe was self funded.
The broker who asked if spending x amount on drilling and exploration is a wise allocation of funds.
I will be holding as I can see a Instos wanting there pump and profit off $100 mill.
I am in at 29c so may even add on market.
GM needs to be held to account here for destroying investor wealth. Perhaps Insider trading and certainly with holding market sensitive info from the retail market.
It was a bad sign that shorts still holding strong at these levels. Absolutely savvy and abusing it.
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Ann: A$100m Underwritten Institutional Placement and A$20m SPP, page-86
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