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11:04
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Originally posted by davo1:
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And like clockwork our share price drops to the issue price. Tranche 2 - mid June. Good chance our share price is going to hover around these levels until at least then. Wouldn’t it be good to issue shares during a capital raising to investors who actually want to be involved in investing in a company and supporting growth of its share price rather than just participating with the hope of making a couple of pips short term. Like someone mentioned the other week, should have sold and bought back in at the issue price, don’t know why I thought that this time it maybe different! I think the CR was too cheap, considering our share price at the time and considering options were also attached. I guess that’s what happens when a company is running out of cash and are desperate after going to their shareholders with hat in hand and not getting their support.
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They went to shareholders first and couldnt raise what they wanted,so obviously this is the next step.The fact you got 7 likes tells me people dont read announcements.
