re: Ann: Alcyone Raises $3.7m to Underpin New... I think you're correct about that FOLLOWME.
Unfortunately in the future the floor level will be lower rather than higher.
The only way from here is down.
I'm disappointed that AYN couldnt have offered something a little more attractive to entice existing and potential shareholders to part with their hard earned into this bottomless pit.
For all its failings at least MMN offered 1 share + 1 free option in some capital raisings, these guys are so tight they wont even do that.
And for what - a comaparitively diminished resource plagued by all sorts of problems that dont look like being solved and now in search of more of the same.
All it will take is for the backside to fall out of the Ag price and that will be the final nail in the AYN coffin.
RIP AYN
Good luck shareholders you are going to need it and then some.
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