Dont agree- if shareprice stayed at 2c until then , then the rights issue would not get taken up - seen it many times before where shareprice gets dragged down to rights issue price immediately post announcement then recovers back up because the shares havent been issued yet so no dilution or change - ITS JUST MARKET TRADER MANIPULATION
Rights issue is basically giving existing loyal shareholders the option to by in at a discount to market however today there is little or no discount but there will more likely be after Bonanza is released - you need to think ahead , not just todays price action and to call management robbers is defamatory and uncalled for - ill pass your negative management sentiment on to Mathew for you lol im sure he would like to know some clown on a public forum is calling him a robber and should be in jail -
the ones buying at 2.7c were probably you which is why your upset and its usually a trader being caught out rather than LT holder - remewmber seek financial advice before buying shares if you dont like the ups and downs
rediculous
G101
Dont agree- if shareprice stayed at 2c until then , then the...
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