they have $11m in cash fyi
from 7th july announcement
and yeah, as expected, as soon as these shares were issued, the dump to ~10c begins, from those "carefully selected long term investors" who will be more than happy to keep dumping their 45m shares for 10-25% profit at every opportunity for the foreseeable future
same spiel every time
Ann: Placement shares allotted & S708A Notice & Appendix 3B-BUD.AX, page-3
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