Humble, Tim et all,
I have to agree that IMO it was a little foolish from teh company's side of things to relist in the open market and, at the same time announcing that we have no money and that we will need to do a CR of some sort.
In my many years of investing in the sharemarket, I have noticed, more times than not that, when a company is planning to do any sort of capital raising, it is going into a trading halt to give to the market some time to swallow and properly digest the idea properly, before relisting.
Here instead we have had the opposite. I have to say that I have seen it all now, and left me wondering about this Management and Board.
I am still hoping that the three shipment per month will get us out of the quagmire we are currently in, but it would not surprise me to see the Chinese getting a strangle hold on us.
I don't know what the Chairman is doing, but him, being the major power in our Company, should come out with one of the usual Chairman's letters to the shareholders and putting us all in the straight and narrow. We need that reassurance. Period!!
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- back to 40c few months later !!!
back to 40c few months later !!!, page-36
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