Ann: $2.53m Capital Raising and Loan Facility Restructure, page-86

Too many are starting to spectacularly fail now though (going from strong cash balance, fundamentals, technology and an SP of 5, 7 or 10c to 0.03 in 12 months and a cash burn of a million a month, most of it directors fees), is it because of the current climate or is it because people have learned they can start, or become the directors of a speccie or startup, raise millions, p1ss it away and fill their pockets and walk away without worrying?