it went from 6.5c to 75c because fools did not read the 10-1 (12-1 FD pending take up of CR)at 2.9c occuring in the background, and only looked at the current shares on issue.
They saw a shell priced stock, and thought wow. But delusional. Nothing in that ann changes the negative cash flow of attempting to expand into the market place. Adding more regions doesn't change that inbalance. Marketing v Revenue.
They didnt ask themselves why the stock from consolidation level of 45-60c, was suddenly knee capped to 6c. ?
You walk into a room, and see the apple on the table with a bite out of it, and a dead person on the floor.
Want to reach into the box of apples for another one ?
Ann: Update to Replacement Prospectus for Entitlement Offer, page-6
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