Ann: Removal of Minimum Raise Amount from Entitlement Offer, page-16

  1. 570 Posts.
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    i hope you're right mate but I wouldn't get my hopes high. How long have we been waiting for these guys to announce anything of a positive nature, through many capital raises. Always seems a case of 'we are nearly there, give us some more money so we can stretch this gig out for as long as we can'.
    I sent our CEO a message yesterday about the importance of a successful capital raise and how any announcement demonstrating green shoots can do wonders for holding up the share price and having a successful capital raise. Unfortunately he just read the message and gave no response. Either there is no news of encouragement to release to the market or its some alternative strategic plan to release good news once we have bottomed.
    I'm low on funds at the moment with multiple cap raises and I should have taken my own advice and sold above 2c when the ex date for the rights issue passed so I could raise funds to take up the rights at 1c. Geez I wish we could bring back the original founders of this company.
 
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