Well Dentie , remember when CDY was trading at around 0.50 , and it kept being sold down , many did not know what to think of it , then a capital raising was announced and top of that even though the sp was trading in the low to mid 0.40 cent range , they completed capital raising at 0.38 . Now trading at 0.20 , holders have been so scr**w*d . Ruthless business and this experience will definitely change the way I look at these kinds of companies . Their is obviously a large holder exiting at any cost , looks terrible any way you look at it . If their is bad news coming , then this situation stinks even more .
CDY Price at posting:
20.0¢ Sentiment: None Disclosure: Held
