dougm99,
"They might need reminding that all bids will be purged before it starts trading again."
only if it goes ex-rights.
unemployed
"I'm still smarting when I think of the cheque I got back from acl after the last cr. If they had kept the extra proceeds instead of dudding the shareholders and pandering to insto's we would be in a much healthier position than today."
Well the last cr was at 24c, and this is (probably) at 30c - so it's better for the company that they returned your cheque! But I have to agree with the "pandering to insto's" comment. Not good. The tail has been wagging the dog.
Personally I hope it's all placed with SI's, no spp and the sp can run asap.
I have been wondering about all the selling in the 30's recently. Has a big player let a few million shares go to keep the sp down for a low placement?
The sell depth became very weak just before the TH.
At least the future is looking bright, and this short term funding problem will be gone!
Good luck to all.
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- trading halt!!!
dougm99,"They might need reminding that all bids will be purged...
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