PSD psivida limited

How do you go from making a placement for 40M shares at 27c in...

  1. 709 Posts.
    How do you go from making a placement for 40M shares at 27c in April to having to raise more funds by issuing another 140M shares at 16c just 2months later. Is this company going down the gurgler fast or what?

    Really worried about the management of PSD!
 
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Currently unlisted public company.

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