Today's quarterly announcement says it all.Cap raising next...

  1. 5,412 Posts.
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    Today's quarterly announcement says it all.
    Cap raising next quarter.
    Expect the share price to dive ahead of the formal announcement.
    Directors have generously offered to take a 25% pay cut - what a joke.
    They will all have their grubby mits out for a bucketload of el cheapo options at the next AGM.....
    ......when shares are back at 3c and the cap raise is done at 2c.
    Throw them under a bus - they are all hopeless.
    Dilution will be monumentally huge.
    Take you money and run while you can.
    Mind you, just remember that I still think that these guys are actually trying to engineer a transfer of control to private interests.
    Yep - my little conspiracy theory.
    You have seen the share price collapse - you be the judge.
    DYOR
    DDD

 
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