What can I say? I have been sucked in by their spin for too long. The only reason a capital raising can take so long is, I suspect, that no-one wants to cough up!
So I re-rate from good to bad.....and what can I do about it? I can't sell as my assets have been locked away for months! And they have informed shareholders of nothing!
Have a look at the Investor relations section of their website and you will see how up to date that is - a reflection of their shoddy treatment of shareholders while they talk the company up with no evidence.
Who knows what is going on? I have used the word duplicitous to describe this mob previously. Leopards don't change their spots!
JGL Price at posting:
12.5¢ Sentiment: None Disclosure: Held
