Seriously, I didn't really care about the history here, it was meant to be a six month play for me on the back of the drilling.
Then I looked at the cringe worthy accounts and funding decisions prior to GTT being involved and couldn't believe it. Feel for old holders.
At least GTT have had the balls to act in a manner which insures the capital is available prior to commencing the next venture. The two big initial capital raises that GTT were involved in, with the aim to recapitalise a business, which in my view was almost bankrupt, well they were Rights issues, i.e on a pro-rata basis. Pretty reasonable for a party "looking for control".
They have in fact done a lot of corporate work to clean up what was (or wasn't) left.
All IMO
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Seriously, I didn't really care about the history here, it was...
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