This may be back under 2c if extension goes ahead. I would like to think FBR would have planned for that and would have raised prior or release an extension with some other great finance news to give confidence for cash in hand. Without that next raise will be mass dilution for pennies and may result in mass staff reductions and significantly slow progress.
I think its going ahead tomorrow. I dont think they could be that stupid to risk it all on an extension with current cash in hand atleast not without another avenue to drive SP in the right direction or company buy in at decent rate.
While im not worried at all, i can understand the despair.
FBR Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held
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