I am in two ASX companies that raised funds recently that many shareholders complained about.
Between 6 months and 18 months both projects were trucking along and the shares are now up between 3 to 5x respectively.
The funds gave the capital to progress the projects forward quicker and is now reflected in the share price.
My hope is that the management in DCN are as capable as the management in my other two companies to utilize these funds appropriately for the benefit of all shareholders.(This is managements role as I see it)
Time will tell
GLTA
Sparky
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Ann: Dacian Equity Raising Presentation, page-2
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