I hope you are wrong also. In my opinion the forcing down of the SP has been part of a strategy for the 20 mil placement. As you know the raise will be done @ a discounted VWAP. If like the last i think it was 75% or 80% cant rememeber.. but if it costs you a couple of thousand in order for you to set up the 20 million raise at a lower price so be it. Also if you are involved in the raise at a discount to vwap you would probably sell your stake @ 28c too. I know I would. Alas it is not to be and i am happy to hold for another year to reap my rewards.
shika
EIO Price at posting:
27.5¢ Sentiment: Buy Disclosure: Held