Seriously at what point has dw ever proven himself if this doesn't flow I'm writing 88e off as a loss. They said if they fail they will fail fast this is dragging out bad. A 10 bigger 100bagger doesn't mean much if they drag there feet and take 10 years to get there.
If there raising money now I seriously doubt the have a jv partner lined up otherwise why are they raising capital. Reeks of fear from management. I hope the well proves them wrong and flows but this send out the wrong signal to more investors then just us.
From LSE on proposed raising, page-49
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $86.80M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $20.91K | 10.32M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 219 | 225253180 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 558284405 | 192 |
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| 88E (ASX) Chart |