Well its that time of year again when management come with hat in hand asking for more money so they can continue to pretend they can swing with the big boys...
But dont worry its only a 14% share dilution for those who wont take up the offer... (a piddle 300 million additional shares to bring to market). these guys are exceptional at share holder wealth destruction - nothing in terms of info from management.
Lets be honest if they were kicking goals they would be screaming it from the roof tops as they could raise capital at much higher share prices.
ALT Price at posting:
0.5¢ Sentiment: Sell Disclosure: Not Held