Price has dropped recently but it was always going to when they completed a CR at a discount. It's worth remembering that the CR included an issue of options, with an ex-price of $0.32 and a expiry date of 12 months. So if mamanagement want another capital hit of $4.2m in the next 12 months, it's in there best interest to get that SP above $0.32. When they need the capital injection, expect the news to flow and the price to rise. Until then sit tight or top up at these bargain prices!
Price has dropped recently but it was always going to when they...
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