5GG 7.50% 3.7¢ pentanet limited

called this capital raise back in april.if you couldnt see this...

  1. 39 Posts.
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    called this capital raise back in april.

    if you couldnt see this train wreck coming, then DYOR.

    what more red flags do you need - a company raises $23m cash for some far fetched business case, and then not even six months later they are back asking for another $20m of cash.
    if they could not execute a "business plan" the first time, what means they will be able to on a second attempt.
 
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