Thats whats so dissapointing about this CR. Surely the management had some idea where they were going with the bussiness. So how do u do a cap raising.PLAN>Wait for SP to be high,and it encourage it by releasing some timely results etc etc. They way not to do it. Wait for a major investor to sell out all the while driving the price down. Delay on a RU to further weaken price.release a vague quarterly and then finally do a CR at a share price thats 50% of a recent high. Its incredible whats happened.Would not have expected this from a management everyone was raving about.
IGR Price at posting:
52.5¢ Sentiment: Sell Disclosure: Held