Ann: Entitlement Offer to raise up to $9.9 million, page-131

OZgold

I think that’s the really difficult point the company & its shareholders find themselves in. Tens of millions of dollars gone over several years. Churning through shareholder funds. Several CRs including the last highly dilutive one. And all for what?

Hardly any sales. Still not one single device sold in the UK even though we had our CE Mark delivered from the UK PanCo trials. Using UK hospitals as well as Aussie ones.

No official approval from Australian regulatory authorities.

No sales from Hong Kong. Even though by memory we received an approval there.

Inflexion points that come and go just like our directors.

Now we talk about some vague deal. That no one knows much about.

Not even sure why the Board didn’t really take up much stock in the latest CR. How do they expect us retail shareholders who have lost so much expect to keep digging into our pockets to find just pennies now to buy stock?

0.09 line wiped out today as well just to top it all off!