This raise, issuing over 769 million shares at 0.002 is a stark reminder of what can happen in the extreme penny dreadful asx casino sector !
it is quite something and i do feel for those that bought last april and has never recovered since, basically down the drain !
Whilst we can all agree the penny dreadful exploration sector is a difficult one, this appears to be a complete shocker imho !
The positive here is it gives me a note of who and what to invest in !
Ann: Fully Underwritten Non-Renounceable Rights Issue, page-8
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Mkt cap ! $3.011M | |||
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