And like clockwork our share price drops to the issue price. Tranche 2 - mid June. Good chance our share price is going to hover around these levels until at least then. Wouldn’t it be good to issue shares during a capital raising to investors who actually want to be involved in investing in a company and supporting growth of its share price rather than just participating with the hope of making a couple of pips short term. Like someone mentioned the other week, should have sold and bought back in at the issue price, don’t know why I thought that this time it maybe different! I think the CR was too cheap, considering our share price at the time and considering options were also attached. I guess that’s what happens when a company is running out of cash and are desperate after going to their shareholders with hat in hand and not getting their support.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 1918483 | 1.4¢ |
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Price($) | Vol. | No. |
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6 | 1831538 | 0.013 |
3 | 340833 | 0.012 |
3 | 400908 | 0.011 |
4 | 751505 | 0.010 |
Price($) | Vol. | No. |
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0.015 | 360000 | 1 |
0.016 | 250000 | 1 |
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