buyers lining up at 4 and 5 cents.
surely the issue price will be higher than 0.007 cents.
In one of the announcements, Gray specifically mentioned that the share price did not reflect the value of the company. It would be strange if he then went and raised capital at 7% of his average price.
Whatever happens, I'm sure he will do the right thing by existing shareholders as he has a significant amount at stake.
trading halt, page-3
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