Agree with you Stormer. This issue was a complete stuff up IMO from a market value perspective. Will be keen to see if BVF participated at all in the issue. They must be bitterly disappointed with the share price performance. The new CFO has started off on a very poor basis. Wonder if he stepped up for something in excess of his entitlement on 18,000,000 shares? Maybe he did not step up for anything at all given that he has a free carry above 3.8c on these loan shares!
ACW Price at posting:
2.9¢ Sentiment: Hold Disclosure: Not Held
