Yeh, I'm in a similar position (didn't participate) but I am still faced with the decision of whether to buy more on market or just sit tight. I really did expect some form of announcement to come out about the upgraded JORC (been waiting since April) which would provide me with the justification to fork out the $. However, at this point in time, it seems to me that management have shown some very poor judgment in their pricing of this placement. I certainly resent the fact that Tseng and Doral recently got shares in the low 14s while retail investors had to pay 15c. Its only a small difference but, IMHO, it tells you something about the directors. Hopefully for all holders, the big announcement will come out soon and it will be off to the races. I will then regret not buying more shares, but I will still be happy (assuming a big increase in sp).
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Yeh, I'm in a similar position (didn't participate) but I am...
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Open | High | Low | Value | Volume |
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---|---|---|
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5 | 1261876 | 0.022 |
2 | 126900 | 0.021 |
1 | 500000 | 0.020 |
3 | 195000 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
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0.027 | 100000 | 1 |
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