I think more $$
had it at about $900k and the rights issue shortfall of 60m can be assumed for another $600k
around $1.5m in cash I think (but the 60m havent been realised to the market yet..)
please double confirm these numbers as I'm working off the top of my head
I cannot believe the lack of reaction to yesterday's announcement.
I'm seeng 13% green, it should be 130% at least.
might be like the PSF one that takes a few days to digest, I remember buying up after that announcement at 1.1c and then a few days later she started her ascent to 6 cents.
having said that, churn is good, as there is a lot of rights issue people that would be at 70% profit and happy to take some off the table, this will end eventually though...
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I think more $$ had it at about $900k and the rights issue...
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