My take HR is after reading the announcement it is clear that after the last cap raise, not long ago, now this stupid attempt at rights issue, which is just another cap raise, any investment in NUP by the chinese, will just lead to ANOTHER cap raise.
Cant they spend their time doing something else. I was told the last cap raise will last a year, and on that basis that the next raise will be for production, which was a positive. Now we have once again been diluted and bent over.
Its no wonder holders want out, thats all that has happened with NUP for years, jacked off holders wanting out. Yet they change nothing strategically to halt this.
NUP Price at posting:
1.3¢ Sentiment: Sell Disclosure: Held
