Good post acecant. I reckon that sums it up well!
No one likes a CR in the midst of a woeful market but this a a small cap that is looking for aggressive growth in a product that has declining supply with growing demand!!!
Its a longer term keeper - just depends on each individuals investement timeframes.
And it keeps on coming up but I believe its important - the management credentials are world class, so I don't think this is pocket lining for any mates - these guys have significant reputations that will not be comprimised on a small cap coy.
If they offer to SH's rather than placement to institutions I'll grab a few more for sure.
GLA
Maddoc
rights issue, page-15
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Mkt cap ! $4.336M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2783335 | 0.7¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 2560455 | 5 |
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