well, I hope they can get on with their mine development; the intricacies of a cap raise seemed a little beyond them; mates know 3.85 is coming so sell the bugger from $5 to $4, then replace their $4.90, $4.80. $4.70 etc sales at 3.85. Cool.
then if you are $1 holder you are looked after the same (even better if you asked for only $2,500) than someone holding, say $100k or $200k.
they did a poor cap raise; but, if one was nimble you could have played the game a bit; but shareholders should not be expected to play a game; they invest... they should be looked after... but, then I realise this is ASX and ASIC - so when you have Ostriches looking after shareholders, what can you expect
that all said, hopefully they can remove their fingers from their accounting a...es and get back to mining
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