1. 180 Posts.
    The first capital raisning was at 25c, the second was at 27c.
    If they had asked the shareholders for the money they would have been more respected by the poor old shareholders who got shafted twice.
    I guess what Nylex were getting at was that when they had the first capital raisning at 25c the price never dropped below that 25c mark.That would explain why they were surprised when it dropped so much ie. they may have expected a few 25c buyers to sell again.
    It was at figures like now(I thought 13c, Nylex say about 14c) after the kamikazes hit the towers.
    Nylex said to me that those peolple are taking a loss, but you can sell& buy back lower and you can scarifice some money to cause a stampeed so you can buy back lower - ie. manipulate the price.The level of this deemed to be fair is the province of ASIC.
 
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