cash was already spent weeks before oppie conversion. Sunk cost.
If money was a problem why not sell immediately in January. Once again, the timing, on the back of the pump after the announcement, is a problem.
Since the monies was already spent and no desperation sale in January why not wait for PL5/PL6 in Q3 and sell far fewer shares at 50c or even $1.
Imagine selling 4.2 million shares when you could just sell 750k odd shares at 50c.
Doesn't compute
There will be more pumps but strange how people can just wave this away as a non-issue. Then people think there will be deals coming soon. You think DM would authorize a sale if he was talking to the Samsungs of the world?
Ann: Change of Director's Interest, page-38
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