I don’t even know where to start covering the shambles of how this has developed for the company. From the recent quarterly to the deeply discounted cap raise that reeks of desperation and has no backing of its largest shareholder. This appears to dilute IGO out of the benefits from having a 20%+ stake.
And then I see the same fools talking about buying shares (after all th recent news flow). Some will just never learn.
They just survived this round but you can only tap the market for so much money before they tell you and your operation to go jump and then you’re fighting for survival in my opinion.
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