"I noticed in their agm presentation released 2nd Dec (page 4) a proposed cap raising of $11m and that they will contribute funds on a project by project basis (page 13)."
You have struck why there is so much selling. Looks like who ever is going to take that placement is selling at 0.008 and 0.009.
Very dissapointing. I gather it will be a .006 placement? Prob 0.006 at best. Going off other recent heavily discounted placement...who knows...dont want to guess
