re: placements i ask you if we had all been offered some shares at 77c whenit was 90c in non renounceable rights issuethen would the sp have dropped this badly?
i say no it wouldnt. because we were not given that opp it was sold down and is performing terribly given the strength of Gold and the recent first gold pour.
No management doesnt control the market but they can kick the guts out of the shareprice with too many placements.
The amount of shares on issue have doubled since i bought in 1 year ago and the price has gone from 78c to 68c.
Nothing to write home about is it.
andrewe
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iberian resources limited
first gold pour., page-47
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