Never ending capital raisngs

A casual 1billion shares lumped on top of the 4.6Billion outstanding. I am so over the mismanagement of this companies share register. Why should anyone buy the shares when all they seem to do is keep issuing scrip to large buyers rather than let the market sell to them and put price pressure on the stock rewarding people who have held through thick and thin.

All they ever do is line the pockets of the corporate balance sheet and never reward the shareholders who patiently hold the stock in the hope that something might happen some day.

It actually means investors should just wait to buy stock because there is no doubt another capital raise around the corner. Just wait for all the spruiking via the self promoting annoucements and sit back and wait for the next billion plus shares to hit the market.

#HOPELESS.