I hear you buddy. It’s never nice to be blind sighted by cap...

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Wedgeman7

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12/02/24

15:09

Post #: 72362282
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Originally posted by Holdtight: ↑

@Wedgeman7, I am in total agreement with you, but this CR, although anticipated, is absolutely at a Fa#ken disgraceful price when you include the options, its crazy. Management have clearly panicked and listen to whatever Bell potter told them. SURE, the small cap market is in a tough place, but this CR is >50% discount to FV of a few weeks ago. It was manipulated lower a week prior to the raise and then discounted to the maximum allowed by the ASIC and then options were thrown in to further sweeten the deal at the expensive of current shareholders. To say I am filthy with management and Bells is an understatement.

Do I plan to average down on the gift of a CR...of course I will. Longer term these levels will prove to be a gift. It may take a few months to wash threw but the SP will head higher on the back of DoD and qantum computing announcements.

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I hear you buddy. It’s never nice to be blind sighted by cap raises. I will just say it is typical for a company just before take off to reward everyone at the trough. It also ensures the company is well and truly funded to further execute a brilliant strategy. Hang in there as I believe the news flow will reward us all soon. CLAWS projects will get announced end March early April so potentially more coin and more product development for years to come.

Last edited by Wedgeman7: 12/02/24

BLG Price at posting: 3.4¢ Sentiment: Buy Disclosure: Held
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