This is just the way it works if you want fast money. I have still full confidence with management.
They won´t settle for profit 1-2 M per quarter. Now they can play with big names like Lemon Sky etc. and this CR would generate much higher profits in future. Maybe they will do another CR if needed to become a name in premier league without asking small shareholders.
We had 2 c just months away- the new floor should be 14 c. Next time probably higher. Just ride Icandy now and in the future.
Cheers!
Ann: ICI Raises A$10.5m in Oversubscribed Placement, page-112
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