Spot on..!!
"And obviously the capital raising will be purchased by themselves or some affiliate of their company so they can purchase at a far lower price than the share price actually is while making it look like a reasonable discount."
It is sad.. but it is also true..
I will not mention this again.. I have tried to help you di/invest from this company for valid reasons..
The word "indirect".. clearly means more to some than others..
Any change in substantial shareholdings/ director dealings that remotely looks like the one released today by Cnj ought to have honest investors extremely nervous.
If it doesn't pass the pub test of probity.. well....
Perhaps a share-price crash from 4.5c on the 9 june pre CR to 2.3 today with all 3.611 m traded at that price says it all.
Glta that continue to hold..
Spot on..!! "And obviously the capital raising will be purchased...
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