The CR is what it is. I am however curious as to why they really appeared to make no concerted effort to regain lost SP ground before pulling the trigger. Was this a strategy to get the sophs to buy in (hey we will keep it lowish around 20c, and then ramp it back to where it was). A bit dubious I know, but it seems odd that they appeared (from my perspective) to go quiet on promotion only to then pop in a CR.
Wonder what the thinking was. Why wouldn't you make every reasonable (key word being reasonable) effort to drive a higher SP to minimise dilution and all those good things.
Anyway,, I hope they get the other 10-20 million somewhere, because all this talk of an 'Australian' only trial is concerning. We need to full trial to get our approval. Let's not add further timelines to this. I'm hoping the new PAA doesn't fall into the ways of the old.
Ann: Trading Halt, page-81
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