The problem is stocktrain, when a company announces funding is FINALISED, that removes a lot of uncertainty and why would someone announce to the market twice in one day funding had definitely been finalised if that was not the case. It raises questions like: Is this criminal behaviour? Did they deliberately lie? Where is all the money?
One should have confidence in the asx that whether it is one announcement or ten, that the asx are comfortable with company announcements. Clearly after the adia lie, the asx got caught with their pants down and many reasonable people got burnt. This may never open again which is bad for us holders but good so no more poor suckers get conned. ALL IGE HAVE TO DO IS SHOW US THE MONEY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
DD
IGE Price at posting:
13.0¢ Sentiment: Hold Disclosure: Held
