Agreed... if this fails the shares will take a flogging, at least initially. My guess falls in the 15c to 16c range.
Also I've just read thru the full year accounts. something doesn't seem right ... one part of the report, talking about the 12m capital raising, says "... as at the date of this report 2,000,000 has been received, but this amount may have to be returned should the minimum funding amount not be met"
I'm hoping that's a typo or something because that says after more than a month only ONE person has sent in a cheque for subcription. (Well, they have at least 2 ... but my 10k cheque doesn't rate a mention, Lol)
I'm seriously hoping that there was some kind of mistake in that paragraph, otherwise 15c here we come.
AMG Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
