Noodle,
Punters will only support a share if they believe management are on their side. If management continually flog cheap shares to SI's who simply sell into the excitement before lining up for the next cheap allotment punters will think seriously before jumping in again.
I'm happy to give management the benefit of the doubt however if it is a 16cent CR and we don't manage to break 20cents before the AGM there will be serious questions to answer.
As the saying goes don't bite the hand that feeds you...
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