Yes, 26mil shares at 11c. Dreadful dilution at this price, and a poor decision. Out of all the options available to raise cash, a cap raising during these times should be last on the list. I pity the poor sods who coughed up 50c share 6 months back during the last raising. It's a kick in the guts for all shareholders.
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Yes, 26mil shares at 11c. Dreadful dilution at this price, and a...
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