current estimates show that they will need more funds as they enter into the new financial year. So they will either have to go for another loan, or a capital raise at this low sp.
With the bulk amount of shares being sold at the moment, it's certainly not a good sign.
If the management team had faith in the company, why arent they all buying up at this low price, like other companies? Have only seen the chairperson buying in small amounts. None of the directors though? Sure it's a bad market at the moment, but if they think the company is worth more, then they should show it.
5GG Price at posting:
10.0¢ Sentiment: None Disclosure: Not Held
