indigestion on cash raising v exploration, page-8

No news available and it looks as if the $5.4 million cash raising that includes further cash raising in the next 3 months has done the damage.
Just as they did at the last cash raising UXA accepted all applications and want more. If they'd gone for a happy medium and accepted $2 million of applications only and not got greedy for cash, the stock price would have been solid.
Lots of shares around now, too many.