I can't imagine that these guys aren't well aware of where they are ( in need to raise funds) and where the market is in what they believe is the timing to raise funds. I also don't believe that the announcements over the last week is an attempt to bolster SP to do a CR. If they were aiming to raise they would have done it a month or two ago when we were steady at .5 to .48 Why announce the quarterly knowing that this would push SP further down as it did. My gut tells me there is something around the corner?? Hopefully before AGM but they are showing confidence in not raising that they know more than we do. At this stage??
IMU Price at posting:
4.8¢ Sentiment: Hold Disclosure: Held
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