114K placement = 100M or so shares, need some serious pumping to get rid of that at .03/04, not to mention the other 1-200M that would be dumped by existing shareholders as we rise up.
114K isn't much but then why wouldn't you have a punt with it on MQG, ANZ, BHP, you'd still stand to double your money. I mean we are talking AAF which in theory hasn't got enough cash to wipe its ass at the moment.