true but issuing all that paper at 12.5 gives it a floor.
Its pretty normal for these type of companys to do placements and rights issues along the way. Be patient you will be rewarded. The last few months has shaken out all the sceptics. This guy can smell gold. Im happy to back him. Im betting this placement stock has gone to 4 be 2s all over the world. hes very generous and likes to share the spoils.
