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Ann: Successful Completion of $30m Placement, page-30

  1. 6,545 Posts.
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    well….. they are getting an advantage. I agree. But they did not know they would be able to, so they took a risk that we did not. Ie, if we were 25c, they would have had to pay that or miss out.
    But really? You can still buy on market for 6.5 and i think we will be 50c by end of next year. So just friggin buy.…. And keep buying. A rights issue would have us at 5.5c and people would have sold to take up entitlement and we’d all not be going in, but maybe a few would. I have no cash left, but have kept my holding stable now ( and cashed out elsewhere) for many years. ? 5 or 6? I do feel the probable rerate got a big step closer today. Our chance of success is rated at 10% but in reality it should be 70-80% so there’s an uplift around the corner just on that metric.

    If only someone( with $$) would notice.
    Last edited by travelbug2: 11/05/23
 
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