Yep and very similar wording (we expect to have the money to cover our needs etc) in the several previous cap raisings... doesn’t make it true.
In any case, my comments were in response to there question of ‘what am i missing?’ and comments like ‘it seems like a no brainer at these prices’...
If people want to invest their hard earned to potentially buy some of ex-mgmt/related parties free shares based on the potential upside once they are aware of some of the risks then they are more than welcome to.
NCZ Price at posting:
18.5¢ Sentiment: Sell Disclosure: Not Held