You're delusional. Try and come up with a strategy that 's actually realistic. They could never have pulled off a capital raise above 7c when it was only sitting there for a few weeks and right before a binary outcome from the depression trial. What institutional investors would have stumped up cash on a gamble for successful depression trial results without the ability to offload the heads and free carry options through the result?
A capital raise in July would have killed the share price. It never would have reached the high in the 9c's and would have gone straight back into the 4-5c range. And we'd be hearing just the same pissing and moaning from you about how that was such a poor decision from management.
ACW Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held
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