if this is truly the case, management should expect a shallacking at the AGM.
flat out criminal discount to vwap over any period you choose, ema, sma, and last closing price which in my opinion was manipulated anyway.
management should surely reject this so called offer to place stock and go else where!
was the deal with Bergen not to fund operations over the next 2 years???
why prostitute yourself because this is what management have done, unless they have their little snouts in the trough as well!!
surely an issue of that size would need to be passed by vote and its too late for the AGM, perhaps an EGM??
majors can vote against it then.
however,if the cap raising is as stated, looks as if management have moved out of the health care sector and into mining, mining shareholders pockets!!!
DIS-GUST-ING
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