Shareholders have voted with their wallets and have strongly backed the current proposal by management, this includes seeking bankable proposals to ultimately process and export to a number of various institutions both state and private.
This removes any selling pressure at this current price range 7.2 to 7.7 given that $2 million has been raised at these prices.
Current investors can be assured that if they would like to sell there are investors happy to take your place.
So it’s definitely up from here post reconstruction given that there will now be more shares on issue .
CAP Price at posting:
7.7¢ Sentiment: Hold Disclosure: Held