Juzzy, the short answer is yes, if management hadnt have had every intention of following through on the resolution to issue more shares, i doubt it would have been there. No matter what is in the pipeline, the bottom line is that the SP only rose to 5cents 18months ago to pump a CR at 4, then when it fell further, Maria got her "free loan" then we got the BS ann with the contingency IF the SP is over 3cents. All of this and all the "positive" announcements have not helped the shareholders bottom line at all. Apart from the couple of pumps, no one is better off. And all the rubbish about its a great time to top up, well if people were doing that for as long as they claim, the amount of money they must have to continuously keep throwing here, well they must be rich enough to not really care what the SP does.
CDY Price at posting:
3.0¢ Sentiment: None Disclosure: Held
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