Is this stock a dead dog, page-17

Hi,

I was invested in this a year ago, when the Mount Mulligan offering drove the share price to 12c and beyond. It is most disappointing to see the current SP as it stands now.

However, it seems that some things don't change - and this is highlighted with the very poor shareholder and market communications by IK.

IMO this drop cannot be due to an impending CR (which seems to be soon-ish anyway). I believe this due to the significant SP drop in 2 days....it should have been no more than 15%. That is to say, most CR's are issued at a 15% discount to the market average...so if an entity (again, IMO) thought this was imminent they would sell at a MAXIMUM of 15% less than current price to then buy in at a lower price. Given its dropped by 30% in 2 days, I think this counts the option out.

IMO - this is either a top 40 holder selling out due to their own reasons, or someone has joined dots that no one else has. ..or someone is panicking due to unfounded Greens "if we get a balance of power" speculation.

DYOR - one thing is for certain, IK is really punishing shareholders with his lack of info...other companies market themselves, but it seems to be a unknown skill that Mantle cant/wont employ. You will never get new shareholders when you treat the current stalwarts like mushrooms.