looks like we are heading back to pre consolidation level. Wow these guys are great at trashing shareholders funds.
We are ex Cn conversion (profiting at a constant discount, ex a 1:2 bonus issue, ex a 2:1 consolidation and cum a $7.5m placement at 80% of vwap when ever that is .....looks like less than 1/2cent.....That is totalling trashing shareholders.
Unbelieveable incompetence on the capital management side of things.
No wonder Marty has no shares in this......
Ann: Appendix 3B - Part Conversion of Convertible Security, page-12
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