If I was a long term investor I would be absolutely ropable at the way the board has alluded to and then drifted into this CR. And then drag it out yet another four weeks? I've don't think I've ever seen anything more delightful for shorters.
It should have been done before Christmas at double the price, and sured up enough capital to provide ongoing confidence. What way is this to treat shareholders, and what certainty is there that $40m is enough to prevent yet another raise down the track?
$40 million spp and placement?, page-15
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$6.40 |
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Mkt cap ! $5.982B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12848 | $6.39 |
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| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 17965 | 2 |
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