Well its sure a kick in the guts if thats what the Directors...

Well its sure a kick in the guts if thats what the Directors thinks the value is. I think I have more faith as I own more shares than all the Directors put together. Surely they could of waited for a few more drill results , done a road show or two , moved the share price up because of such & issued less shares and consequently laid stronger foundations for the company. How do the 13 cent placement mob feel.
I guess current shareholders are getting a cheap price , but not sure if thats in the interest of the company generally.
I think its a bargain at current price this morning at 12 cents , especially considering the rights issue , but have I been a believer too long.
Very confusing !!!!