this will put a short term dampener on things - they've now shown their hand and 12c is the base - this is only part of the placement as they need 20 million . The rest will probably come from UK at 5p or thereabouts. More dilution here in Oz but is there more to come here ?? I've seen companies get hammered right back down to these placement prices and even below, but others with solid prospects don't get there and very quickly regather their momentum - AIM will fall into the latter category if it can remain above 13c post this announcement and over the next few days - so how solid is this companies prospects ??? - the market will tell us soon enough . Good luck .
AIM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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