What a load of rubbish. They raised 280M shares at 1.22c. Why...

What a load of rubbish. They raised 280M shares at 1.22c. Why wouldn’t holders in profit sell out, wait for the muppets to capitulate and the scoop up shares at placement price...

I’m not happy it’s gotten to the lower placement price but as I said it is not surprising, profit is profit and smart buyers will always bide their time waiting for the impatient to sell out while re buying back their shares that they sold at at a profit. Also remeber 50M placement holders at 2c + And options at 3c.