Very sad to see this today looking like a shadow of its former self.
We are back to the 52 week lows.
I agree that if they decided to do a capital raise they should have made it much more, thus making the share price pounding worthwhile. Pounding it down to 52 week lows for a mere $6M just doesn't make sense.
Struggling to keep the faith, Revenue is the only remedy.
Ann: Placement and SPP to Raise up to AU$8 Million, page-34
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