Yes. From memory they completely ballsed up the LDA announcement as well, and only rectified it many, many months later, clarifying when they said “prior to” they meant “after”. It had a big implication on how the pricing mechanism worked.
Regardless, when you get an Acuity or LDA ‘ATM’ funding facility, it is the shareholders who get screwed over. Management get access to cash so they can keep paying themselves fat salaries while they keep pushing study deadlines out and announcing MOU’s.
This company screams lifestyle, unfortunately the Iron Ore bull market gave too many people dreamy eyes.
HIO Price at posting:
3.2¢ Sentiment: None Disclosure: Not Held
