Absolute load of rubbish all this talk of price would be $1.20 or higher..........if not for the rights issue.
Investors do their numbers and while the new stock can weigh on the price to some degree it has NOT for a moment caused the sell off and the distinct lack of interest that has marked the shares performance.
Stop looking for excuses/reasons that are not there and realise that a number of people feel the company is not value. No major investor has yet to appear, so how the hell was it going to get to supposed $1.20 or higher level so many write about!
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no favours , page-6
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