One explanation is the poor quality of the Melbourne Capitals Investors who took the 14 cent placement. Probably selling previously held stock to pay for 14 cent stock.
Suppose that will be temporary but makes for CXY looking sick when it clearly isn't.
Anyone else think Melbourne CApital to blame? Having AF as MD and also second? largest shareholder in CXY must be a conflict of interest at minimum. Does it meet Code Standards?
how come, page-2
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