Yeah massive amateur hour going on. Scott was definitely leading shareholders to believe there was going to be other sources of funding but like I said in a post after the poor SP on discovery I think these were all contingent on a higher share prices.
Scotts bemusement at the poor SP after a discovery tells us a couple of things.
He is out of touch with market sentiment and what shareholders are wanting to hear also he has under estimated how damaging all these raises with free oppies has been. Why would people hold the heads when you can dump them on market and just keep all your free oppies on any mildly positive announcement.
IVZ Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
