With the stock quickly dropping to raise price I see no incentive for anyone to take up the entitlement. Now it's a useless mechanism that will raise no or little cash. It's also a downward driver on the share price if any good news comes out as people will try to arbitrage on market sales with entitlement buyback if does rise above 1.1c again.
Pathetic. How anyone finds a reason to own this stock is a mystery to me.
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