Ann: Comet Ridge to raise up to A$13 million, page-3

I find it crazy that the 5 day VWAP was used when the price was down for the last week and then why apply a 10% discount to this when we just picked up Mahalo North?

Management said at the AGM that the market cap doesnt reflect the asset value of i beleive even Mahalo. So why are we giving it up at 19 cents????

I guess having the cash will push us foward and i understand dilution but again why at 19 cents..... whats the reasoning of picking the last 5 days except to f__ck us. If investors are so willing to throw money at this they should have been willing at 25 to 30 cents as well. You cant buy $10m worth at 25 or 30 cents.