What's the point of getting an independent valuation if you're going to screw investors that bought because of it?
This is disgusting.
Cap raisings are usually done to a small discount to market price - usually the vwap of the previous 4 days trading.
Meaning a 32-35cent fair prie to EVERYONE (
This bull dust announcement ensures means the price will open at 20 cents.
Anything above will quickly be sold down for a quick profit.
Seen it all before.
unless they pull a big announcement prior to opening, but that is highly unlikely.
RGM and Tim Boyd have absolutely ripped the shareholders off.
pathetic.
What's the point of getting an independent valuation if you're...
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