Very few pre-CR run ups are anything but a pump before another dump. Agreed, lets see the details, but I'm not holding my breath. The BIG problem right now is the rising issued capital. We are currently sitting at 1.33bn, add the commitment by Belgravia. Maybe they offer a slight premium to Belgravia so lets say $0.011. We're starting to get close to 2bn shares. Their share register is growing much faster than their earnings, unfortunately. And for reference, I am in at higher prices than these and have been holding since well before we were Excite. All I have seen so far is a stack of CR's and a falling share price - so yes, its a bad investment. Fingers crossed that this next move is one that allows a sustained period of price growth and no further dilution
EXT Price at posting:
1.2¢ Sentiment: None Disclosure: Not Held
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