Run to 6 cents would have been easier but they choose to smash Retail on every occasion of late.
CR at a 30% discount
17 to 1 consolidation to kill liquidity
Now they have started on the re-dilution by with 3.3 million new shares to FMG who are 99% certain to flip them. A question is did they issue the 3.3 million from what was left over from the CR or are we retail about to get another smashing when they issue the remaining CR shares.
Overall a very poor outcome for retail holders in 2022. But maybe thats all part of the plan.
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