Yep - it shouldn't have relisted, and trying to raise money for a stinking carcase was a bit dubious, especially the razzmatazz about Andrew Forrest buying into the 5 cent share offer - Flanno needs to explain that one, IMHO. The debt guys have been calling the shots for a while, the 5c issue hasn't been good for shareholders that's for sure. How many mums and dads bought in because "Twiggy's very clever and knows a bargain when he sees one" ? If Twiggy was first to put his hand up, maybe he was first to put it down again when he saw the prospectus ?
AGO Price at posting:
2.1¢ Sentiment: None Disclosure: Not Held
