From the perspective of current shareholders, this is...

From the perspective of current shareholders, this is dissapointing.

From the perspective of new investors, this further strengthens the balance sheet, heading into a difficult quarter/s for world markets.

On balance, this is probably more positive then neutral, albeit slight.

Although, it does beg to wonder, managements capability/creditability (and its advisors) with regards to their timing of CR.

I presume the new management posistions wanted to get a slice of the pie, at a discount and offmarket, and this is most likely that.

I would expect sub CR price for the next few days. Best of luck all.

Short term sell signal, will morph into a short term/long term buy signal when the bottom is in. IMHO.

I've been waiting for 0.014c for a few weeks now, but I am removing this buy order and seeing where it lands, and if retail capitulation may occur.