Their telegraphing to the world they need a lot of capital (AGM resolutions) was the final signal for the share price to tank.
The first signal was when they screwed everyone before the last raising in February / March at 5.7c, including a large investor from Brisbane. They did so by misleading investors during November 2023-February 2024.
The second signal has been their balance sheet, cash flow statements and the hidden minimum guarantee $4.5mln payable to Aurizon.
The third signal has been their total denial of any wrongdoing whatsoever.
Anyone who'd be willing to invest now, would demand an enormous return to compensate for the bullshit management.
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.74M | |||
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