context does matter in what happened here.previous placements...

context does matter in what happened here.

previous placements have been followed by pitt absorbing the poor placement participation on market to maintain majority holding.

this placement however centred on repaying the loan put up by pitt and reintroducing director fees which are well above the work ethic provided by the board. Minority will continue to be pissed and constantly call this a lifestyle co until it actually has something of speculative value and stops being a lifestyle co doing the minimum to be listed.

id say theres some annoyed newer substainstial holders who acquired for shell value before the raise and negiotiation with pac who are present on the forum.

i dont know where this one goes. But if they keep chasing REE mineralisation id say it gets consolidated and the cycle of the last 20 years continues.

needs new blood that isnt finance sharks on the board but that wont come without an acquisition and really they have minimal cash post raise to work with without using the 3m loan to equity from dolphin.