well i dont see this as that bad, as for the short term trading.
last time it raised 3c and look yesterday almost reach 300%
small dilution, they won't sell.
worst case traders with negative thinking like yours will exit, but then it will recover the sp again.
i just dont know why they put the strike price at 5c, too cheap damn
Ann: Capital Raising to Asian Investors, page-16
Currently unlisted. Proposed listing date: WITHDRAWN
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