There are no two ways about it, its a CR. Its not discounted as the SP has fallen to the pt of the raising.
As I flagged earlier, the writing was on the wall a long time ago.
Im waiting patiently for the right time to reenter but now it definitely not the time as they are just going to burn through the money until they can self sustain their ops. There will be plenty of opportunity to buy below 80c which is good value in my view.
Changing sentiment to hold as Ive had a sell view for a while now.
There are no two ways about it, its a CR. Its not discounted as...
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