"Steini, can I suggest it's time to move on and stop harping on about the CR?"
Of course.
"It's done and dusted and LC explained why the BOD decided on it this morning. No point looking back ... instead look forward and recognise the extraordinarily strong bargaining position IMU is in right now when it comes to cutting deals with BP. Perhaps also recognise what an absolute gift the share price is right now."
I have said all the time, it makes sense to do a CR to fund that.
" It will be heading back to around the 8.4c the instos paid soon enough ... and who knows where to when the initial CF33 trial results are verified independently."
That's the part I have serious doubts about as the CR screams to everyone " Crash the sp to get more shares for your buck ". The lower the more shares and oppies. Ok, maybe the sp never gets up there again then we can forget that oppie number.
GLTA
Ann: Investor Webinar on Acquisition of License for Azer-cel, page-157
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