CXZ 0.00% 2.8¢ connexion mobility ltd

Nationwide Wi-Fi network to be launched on Tuesday, page-9

  1. 48,997 Posts.
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    Does anyone else think had they not raised cash the way they did with the options the share price would be alot higher ? Personally i have seen this too many times when companies raise money via options only to see the share price spike because everyone wants a piece of the pie when it comes to the cheap options only go splat in the weeks / months afterwards.

    Had they just raised some cash @ 20 cents to like a soph investor / placement it would be all fine an dandy.

    Why didnt they do this ? Because no one was interested ?

    Thoughts ?
 
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