Ann: Completes placement to raise $25m, page-9

Well, that's not as exciting as I'd hoped.

Still very positive about the medium to long term outlook, but while I think management have overall done an outstanding job, they've dropped the ball on this one and the market isn't going to like it.

I guess if anyone was stupid enough to believe I was being paid for my posts, you can wake up now. I wasn't going to say this was a bad deal until we got the details, and seeing this, I'm not disgusted or anything, but I'm not exactly inspired. Having said that, there's probably a good opportunity to top up around 21c coming up.