Beware of what's going people
This raise however is a small amount but it still is a 30% dilution for holders
That $1.175m for 47m shares @ 2.5c a share
Will quite possibly be sold off @ 3c giving them around $235,000 profit in 1 week
To be issued 24 Nov
If they have done a deal with management and deliberately pump this then they could exit at
3.5c = $470,000
4.5c = $940,000 in about 1 week and so on, which is huge money for such a short time frame and retail will suffer
90 % of the time the sp falls back to CR level, it's not guaranteed but most likely
There's lots of props there now so don't be fooled
However management are taking a good methodical approach by not raising heaps at this micro level
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