Notice they waited till the placement was virtually completed . I guess they are just doctors and don’t like passing on bad news. They are horrible in the PR department. I don’t believe this lack of detail is accidental on the contrary it can only be driven from the top. Milesy is spot on this thing is high and dry and it’s going to need positive news re income flow before it will even look like floating. The market has lost faith and the board needs a reality check and has to stop continuing to mislead the punters. I have my doubts the placement will be filled but I shore hope it does cause if it doesn’t then this thing is in deep shit. I said at the end of the financial year it could be 20 or 30 and that’s still on the table.
PIQ Price at posting:
41.0¢ Sentiment: Hold Disclosure: Held
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