I wonder how the Indian Times that was the last cap raise at at 0.033 are feeling. The company had to seek assurance from the times and release a statement to market stating they are not dumping any more shares on the market to assure shareholders.
Then a 50% discount to the next guys when the SP was almost 50% lower again.
Trust is a hard thing to build. I see the remaining Indian advertising $ disappearing rapidly for no benefit.
Obviously currently desparate for $ to survive and the institutuons have TD1 over the barrel here.
I wonder how the Indian Times that was the last cap raise at at...
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