Although the recent capital raisings were necessary, todays share price action, or lack of it is a classic example of what happens when you place a gazzillion shares at giveaway prices.
Share price has hardly budged and sellers just keep piling in to make a 5-10% return on their investment….
The capital raising hangover continues.
Ann: Discovery of Significant Zones of High-Grade Gold at Minyari, page-20
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