What's the point of getting an independent valuation if you're...

  1. 7,673 Posts.
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    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.
 
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