Ann: Roto-Gro completes well supported $2.3m placement, page-12

Perhaps the pipeline isn’t as full as first thought or expecting delays or such. Thus, the SP could go lower and thus this is a calculated move to get a raise at a price that they’re happy with. I’m annoyed by the price and the free options.

I’ve lost some confidence in management given the SP performance and string of announcements that haven’t really done anything (yet).

Keeping my fingers and toes crossed this takes off soon (hardly a good investment strategy though).