HGO 3.77% 5.1¢ hillgrove resources limited

Thank goodness someone responded.Try this:The share price was...

  1. 145 Posts.
    Thank goodness someone responded.

    Try this:

    The share price was doing OK at 27 cents, but then, in spite of repeated questioning at the AGM and in other forums, management refused to confirm that they would not need to do a cap raising, not-so-dumb brokers got wind of coming cap raising, everyone dumped the stock except for the poor bloody individual investors like us, who got left with a piece of crap share price of 6.7 cents.

    Market forces in February? Seriously, please give me a break. What happened in February was just a continued mis-management of a once-promising company leading to a forced cap raising at the ridiculous level of 8.5 cents, and an SPP that they now wont be able to give away at any price.

    Well, thats the way I read it anyway.

    Gajah
 
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