Ann: Underwritten Rights Issue Capital Raising, page-177

This punt cost me 251 dollars.The reason I sold was twofold.The sp fell below my 15% stop loss target.

Secondly,one thing I have learnt about investing in speculative companies it is all about MANAGEMENT.

After speaking with PO ,watching the presentation there was no indication whatsoever of a CR.

Then within days of the techknow,a CR at 1.6c.

I have sent emails asking about this scenario.

NO reply

They were happy to spruik a deal but secretive about wanting more money.

For me MANAGEMENT of this company doesn't shape up.

This listed in June 2015 at 2c and look at it 2 years later 1.7c

I have given them a fair chance and they have fallen short every time.

I am a spectator from now on.

IMO