Same bubsmark. Institutions saw value in assets. What complete rubbish. More like sophs saw discounted stock. Its six weeks since the initial raising. Does that mean they have been marketing cheap stock all that time? Has anyone been contacted? No wonder the stock wallows below any reasonable valuation. I don't like trading halts generally but if there is ever a time for one, it should be when they are raising capital. At the least, ASX should check each transaction to ensure that those contacted have restricted their trading. Oh well. I suppose at least that should be the end of the cap raising for a while, if they can close the debt funding anyway.
AKK Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
