Waldo, I'm confident this time next next week that a lot of shareholders concerns will be appeased. And those who chose to leave will be left wondering how stupid they could be expecting a 16c share to behave like a $42 share.ie rise in 1 buck lots!!
Another thing to think of is this - A company would not be issuing more shares in a company that didnt have something to push it forward. Not much room for dilution of share price at 16c. IMHO the company want to see this share confidently over the 20c mark very shortly for a variety of reasons. If they are planning on issuing more shares and want that 20c mark, one only has to read between the lines as what the announcement will be like.
I hold and will be for a while yet.
CDS
comdek limited.
140k buy, page-21
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