"I assume the last capital raising went to strong hands???"
I would not assume that. The cap raising at 15 a while back, was it 50mil shares - those guys would be on massive profits at this level although I would hope that a fair few of these has been on sold by now. The last a couple weeks ago for the same price went to a cornerstone investor fund so I would be surprised if they sold. This has run very hard and I would think some very good follwup results are now required.
Cheers
GMR Price at posting:
23.0¢ Sentiment: None Disclosure: Held
