This will be very undersubscribed as the cat is out of the bag that’s why the raise is at a big discount
@ 24c all they have to do is pump this back to 30c and the inners have made an easy 20% and the organiser(someone sitting on the BOD) pockets huge commissions
Old holders cannot sell at 30c because they are so underwater and then down the line again with a couple of mini pumps the SP will drift way down again to 20c or below and it will all happen again
When this SP gets exhausted and the excuses not to SP appreciate then this mob will move to the next “good thing” to do it all again
Whilst there are plenty of non researched “mug punters” to keep doing this too then they will legally keep doing it
A total disgrace and anyone associated with this should be ashamed and that means a few back at AUL that promised never to associate with these type of people…….sickening to say the least
WRM Price at posting:
31.0¢ Sentiment: None Disclosure: Not Held
