Ann: Trading Halt, page-203

Fair enough. I think it is the structure of the raise though rather than any weakness in the announcement that is temporarily holding the SP down. If it was just a soph raise at 3c then no value in holding it down. Allowing shareholders to sell above 3c to buy back at 3c really is the catalyst for SP stagnation in the short term unless they drop some amazing grades or a left field announcement. At 3c or there abouts no shareholder will take more stock via the SPP. I know I won't anyway. We may even get pushed back into the high 2's which would be a great buying top up opportunity without dilution. Ok, the company don't get the funds but they must surely have a grasp on what they are doing?