Ann: Dacian Launches Fully Underwritten A$40m Equity Raising, page-42

I have to say the positive here is that they found ppl still keen to finance them and when we compare to last CR this is done at very low discount. Question is what will happen in another year time, still asking money to support the cooperate life style? LJ is on a k600$ salary before bonus ...perhaps with shorter time frame this have some runway with couple of good quarters and GP rising. Unless they did this as they knew they are not meeting Q4? Still morality at question here when you read Q3 results and they release sugar coating Mt MArven results they are so bullish about Q4 results.....I do not even bother to write a compliant case to ASIC