OMG, some of these posts!!!! I could not care less about a CR. They only have 800 million shares on issue. Lets say they want to raise 15 mill in cash that is only going to be another 200 million shares on issue (given a raise at 7.5 cents, my figure that's all). It's not like its going to be awash with shares given it has a float of 500 million! that's nothing. The only thing that will annoy me is if they do an institutional investment and don't give us poor slobs a chance to buy in. Having said that, a cr is no certainty. Who knows what the sales figures are? That will be the one that will make or break the SP in the short term. However I'm in for the long term.
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OMG, some of these posts!!!! I could not care less about a CR....
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