Ann: Asset Update , page-6

  1. 2,889 Posts.
    I am suspicious of these announcements and the recent buying at .008
    The shareprice needs to be at this level to encourage holders to partake in the cap raising. The news needs to flow for the same reason. Interesting how a company, that wasnt interested in letting us know anything before the cap raising was announced, is now such a constant flow of information; Letters to shareholders, phonecalls, updates etc.
    Usually what happens is the share price drifts back to the price of the cap raising price shortly after the completion of the raising and often flounders there for ages and the flow of information slows. I hope I am wrong in this case for all holders.
    I am not sure if I will take more than my allocation and I will only take those because I was lucky enough to sell my holdings at .008
 
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