agree with boom, it's a case of directors and inner circle feathering their own nests. I have seen no evidence of cornerstone investors.
To me it's just more of the same issuing cheap shares to themselves and cohorts and then dumping onto the retailers upon timely release of news for a fast profit.
Needless to say it is not in the interest of the majority of share holders but they will continue down this path as long as it's working for them and as long as shareholders allow it.
Time to speak up at the agm if you don't like the goings on.
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