i take your point., however at the time of the proposed raising the sp was around 10 cents, hence the raising could have been done at 8 cents say. Because it was not done persistent speculation regarding the need for cash has driven the sp to these levels , where the directors can now issue themselves shares at 1 cent as you say and take total control of the company
the clearest warning you can get, page-31
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)