Smells like the same old Disallowed to me also.
Under the latest AstroTurf I see the same olde company.
For me the kicker is the raise discount. To be ~40% discounted over a longish VWAP seems absurd. Epic dilution to keep the lights on a couple times a year is a formula to keep the SP suppressed. And then a consolidation.
It will crump us again, and soak up any positives that flow while parasites play the ASX Casino and dump into any good news. Until the next raise.
Been here a while. The patterns are clear.
GLTAH. DYOR.
Ann: Renouncable Rights Issue to Raise up to $2m, page-94
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