Have to say that I dont agree.
5c is not exactly a big discount on the price over the past 18 months.
Also - the statement said they received strong support from new Institutional investors.
Just as long as they put the cash to good use - and they are rolling out nicely now across Asia, then this should prove to be a good move for improving the companies scope over the next few years.
5c should now be a nice base. If they can maintain current momentum then they could push up to 10c over the next year and thats fine with me.
But I actually think they'll be more like 20c in a year from now.
- Forums
- ASX - By Stock
- diluted capital raising for small holders
Have to say that I dont agree.5c is not exactly a big discount...
-
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)