Well, that begs a question - if C14 can't deliver, doe BIT then go in or another CR? At a discounted rate again?
Did anyone bother to ask why there was a 70% discount on the last CR? Surely that has to be something shareholders were interested in.
They should have had a CR when the SP was 10 cents and everything was running to their advantage, but such a high discount applied to the last was not required - and it is responsible for the SP being below 1 cent.
Financial management has been a constant issue with BIT - not least the last minute seemingly desperate CR efforts when cash has almost been totally depleted.
BIT Price at posting:
0.3¢ Sentiment: Sell Disclosure: Not Held
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