I believe that RC had no choice, but leaving it all to the shareholders.
He is giving them an opportunity to take the cash now and run or vote this down and be prepared to contribute some more funds as a rights issue to be well rewarded in 18-24 months time.
This is all very basic.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
1 | 454057 | 5.3¢ |
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5.4¢ | 46397 | 1 |
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No. | Vol. | Price($) |
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1 | 10000 | 0.050 |
1 | 280000 | 0.049 |
1 | 1000000 | 0.048 |
1 | 136131 | 0.047 |
Price($) | Vol. | No. |
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0.054 | 46397 | 1 |
0.055 | 18545 | 1 |
0.056 | 102917 | 1 |
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