The stars align for the sellers on the back of a sudden stream of bad news and heavy anonymous algo pressure on the share price....
http://www.skynews.com.au/finance/article.aspx?id=775837
25% dilution at 25% discount!
OVR management can now issue 48m shares at 0.09c to raise a mere $400k to spend next quarter. And the recipients will own 25% of the company! How good is that?
The outlook for these Perth companies keep getting better and better. Time to ditch the jobs folks and become public company directors. You can mint your own money now. It is all legal.
website updated, page-9
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