Jabra is on the money here imo. Puzzled by the thoughts about a...

Jabra is on the money here imo.

Puzzled by the thoughts about a large cheap raising and the thinking that exisiting holders will not be well looked after.

Lets face it, if they vend something in and raise a chunk at .009 then we have every chance of still being quite well north of current levels pretty quickly.

We have just had two directors installed who were put forward as part of the s249d push, no doubt they will not be looking to turn the backers of that s249d's investments into confetti.

Likewise, the registered office is now that of Chieftan Securities. They have been involved in the last two raises, which are a fair chunk of the current register. Those were at the price of .009. Again, almost inconceivable any new raising could be below that.

Turning to the recently exited directors, no significant sales despite the exit (one in fairly gnarly looking circumstances). Why not? Probably because if they sell they think they can do it at a higher level.

Finally, any raising that occurs will be tightly held imo and the stock already is well coiled. Aside from exiting director and associate shares there is not much to be drizzled out at present levels.

Joining the dots here is not at all hard, but it takes more effort than simply putting forward positions of doubt about a cheap raising or fall in price.

It may well move very quickly when the company has a focus and the skilled people to give that focus (wherever and whatever it is) every chance of success.