The idiot didn't need to raise at all for booth with 5 million cash remaining ?
But has decided to do so and decimated the share price. There is smart raising where if the share price did go for a run to to up and dumb raising where it looks more like to me he doesnt' trust the booth results so needs to cash for the next well.
I've offloaded the last of my options as its expensive paying 3c when the share price could easily break 1.3c in the next few days and maybe buy some back there
Ann: Quarterly Activities and Cashflow Report, page-4
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