Much as I thought. It was simply about money and the metrics. Management and Directors didn't expect the fall in the share price to settle at .08 and when it did and stayed there, two things became clear. Firstly, the offer would raise nothing like $4.2m and secondly, the loan would only be repaid at 80 cents in the dollar. In any case, I agree with you Bogart, this is a good deal for shareholders, assuming you're committed to the company and seeing this thru. It'll test the confidence of many of us however. It's probably likely that this raising, just like the previous ones, will see more of the company end up in the hands of the larger shareholders and to repeat, they know things we don't.
DTR Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
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