Who in their right mind would partake in a CR or any other fund raising for that fact ......as IMO, there are just too many SOI... a Consolidation is imo a possibility and the Co's revenue stream is negligible given the current cash burn rate.
I would like to know if IAM will ever disclose to shareholders the real reason as to why no agreement was able to be reached with CBA .... I think the Co by disclosing the real reasons behind the failure to reach agreement with CBA would go a longway to shareholder understanding rather than the Co being hit with negative s/holder and market sentiment and also as part of the Co's overall most important fiduciary duty of providing s/holders with full and frank disclosure on this rather important matter.
Ann: Intiger Market Update, page-192
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