Capital raising at these levels is suicide - it will be the nail on the coffin so to speak.
In saying that I wouldn’t be surprised if the directors decided to go down that path. I personally believe we are being fooled with what the real current position is - I almost think the management are driving the price down on purpose... god only knows.
All i can say is that most of us here have lost quite a bit - me personally paper loss somewhere around 80%.
All we can do now is wait and see where this all unfolds and learn from our mistakes.
- Forums
- ASX - By Stock
- CCC
- consolidation effect
consolidation effect, page-7
-
-
- There are more pages in this discussion • 49 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)