CDX 0.00% 5.5¢ cardiex limited

General Forum, page-1565

  1. 15,857 Posts.
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    No comments on the fact that Integrous, who are responsible for promoting to US investors, have been issued 218,000 shares with a face value of $65,400 (implying a valuation of 30c)?

    Presumably this is because the company is trying to save money, and Integrous have obviously done their job AND believe that 30c is a cheap price compared to what they must understand the cap raise is intended to be at.

    Meanwhile, aussies are flogging theirs at 17c.

 
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