Why predict CR?
I've proven on Friday what's happening/happened.
My opinion - Definitely no raise in 2019.. whether you lot preaching CR since 4 months ago want to try claim a certain broker dumping $100k of stock on market, then suddenly reappearing with shares on Friday lists is a CR!
Can almost guarantee there will just happen to be an amount up to the dumped 29m @ .3 plus ops ($100k) placement already done.
We know there will be R&D any time now.
Was nice to see the negative posting non existent over the weekend
I guess some have realised there's no raise likely.. if didn't already know it all along.
It's a pity the way it was done, a broker dumping on market, obviously not caring at all how it looked.
Assume dump on market, clear funds, send to Nor, get them back - no doubt a big fat fee for 2mins work, scaring the market, appearing a big seller getting out.. just days after sitting comfortably at .4/5.. still hardly recovered.
My opinion is anyone who got some at 3 has done well..
A little surprised there aren't buyers lining up again at 3, knowing what appears to have gone through in the past 2 weeks.
To me it looks very much like just grabbing the minimum $, least dilution, to cover the ongoing delays getting several rounds of big news signed off.
All my opinion, guessing a large Telco deal very close, with serious upfront bro.. or Oracle, which I think would be more of a partnership (less likely for upfront $ - might be wrong).
If there wasn't something big with proper upfront $, I think We would have seen a raise by now, rather than the "alleged" rotation of a certain brokers shares in the past fortnight.
I won't name them, or the holdings..
Can't be too Cynical!
