Not sure about that. The second tranche of shares (163million) to be issued as part of this CR require SH approval, which means they will be released in late May. Expect the share price to be under pressure until after that.
No explanation from BOD about their decision, except for a comment about “pivoting” from debt to equity to “accelerate” completion. What a load of corporate ……
I understand I am that I am the only one who is strongly against their behaviour, but I stand by my comments. What other pivots are they intending on. None to the benefit of small retail SHs I expect.
BTW haven’t sold yet, but looking for a good exit price.The only thing in the back of my head is a TO from China at 75 cps. Don’t want to miss out….
Apologies for flaming last week, bad behaviour on my part.
Good luck all (whatever you decide).
Not sure about that. The second tranche of shares (163million)...
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