Given the excellent news on the funding a few days ago it is surprising that the cap raising is being done so low. You would have thought that management would have been able to secure monies at a much higher price, giving the market even more confidence that this funding deal will go through.
Amazes me why companies are always giving out placement stock so cheaply .
I thought the news was an excellent one and hopefully all goes well for the future. Well done to all of those that have been patient . I like to see shareholders rewarded for being patient.
Cheers.
Ann: Suspension from Official Quotation, page-111
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