broker report, page-8

I do not like the look of it
Nothing was suggested a few months back
Several cos who have capital raisings have their share prices far below now eg
BPT DYE HOG one can make a long list
Cos seem to do cr when they find that share price is high and can get the capital thru share placement at a good rate. Inherent in this is that Sp is overvaled or going to tank.

If they felt sp will be 1.80 in say 3 months why will the co do cr now?

Have a few shars - plan to sell bulk of them and try luck at Cr.