I dont know man, a 65% shortfall is pretty huge, not common at all, would like to see an example of another company raising less than $3 million that missed by over 50%, dont know if it even exists.
If holders of the company, who already believe in the story arent willing to pay 6.7 cents, why would people who dont know the company want to? It doesnt send a good message, also the fact that they say they are actively seeking the a finance facility, means they need the cash.
Its going to be hit or miss here if they survive this, obviously bigger risk bigger return, but the fact they couldnt even get $2.5mill is worrying, they will now be going to the table with no power in negotiations for finance. Will be watching the next quarterly closely.
AGH Price at posting:
6.3¢ Sentiment: Hold Disclosure: Not Held
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