In time, the share price will appreciate.The capital raising...

In time, the share price will appreciate.

The capital raising shares were allocated today. Some of the new holders will sell for a short term profit which will put short term pressure on the share price.

The shares were issued at 3 cents so I would be surprised if the share price dipped under 3 cents for any length of time.

In the medium term, the Company is now cashed up and has got the cash to move the Company forward... The Company is meeting officials in China "mid April" and I imagine that a positive out come to this meeting will result in the next "leg up" in the share price.