6 requests in less than 2 years - first one being at 22cents a share. Not something I would be shouting from the rooftops if I were on the CWE board.
I'd like to know why they just don't (or haven't up until now), have a more substantial capital raising exercise - raising between $3m and $6m each time is barely lasting the company one quarter and you would have to think that this may be putting a cap on any share price rises as I would believe that the smart money knows only too well that more shares are going to be offered in the very, very near future so lower price = more shares for them.
I'm impressed with the product, just not impressed with the people (or rather their commercial acumen). However, I may be way off the mark and stand happy to be corrected/ educated. Anyone out there offer any suggestions?
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