The trading halt mentioned only a capital raising...not what the raising is for
If they don't announce a specific reason for the CR and make some general statement like '' to fund future acquisitions'' or to ''promote Oraline'', then how are me meaned to make an informed decision?
And this now begs the question " why the earlier capital raising?"
If the recent trading was due to the latter, then we have a leaky boat problem too.
Anyway, I know this company well enough to have sold half at 0.01.....time will tell if I can get them back cheaper
SBN Price at posting:
1.0¢ Sentiment: None Disclosure: Held