I am just so surprised the drop today hasn't been worse.
2.8 cents issue price, for 3 to 8. The Heafty Dilution.
Really, the amount they are raising, given costs of events, isn't going to last that long....how long is it expected to last. Even with progress on the targetted itmes, wont be generating any revenue in for a while. Sell something, lose its tangible value....its all down to time/money....have they got this equation right?
Prices are increasing as time goes on.
End of Financial Year approaching fast. I think this has some way to go yet (down unfortunately) as I think amny will take a tax loss now, and rebuy shortly thereafter.
Dont get me wrong, I will be trying to pick more up as I can.
VAN Price at posting:
3.0¢ Sentiment: LT Buy Disclosure: Held