CIO
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0.00% 1.8¢ connected io limited

Ann: $2.53m Capital Raising and Loan Facility Restructure, page-4

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  1. Ryzie
    1,976 Posts.
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    22/08/18
    17:03
    Post #: 35101802
    I have nothing good to add. They have "all of a sudden" found a way to reduce costs by 50%. Why were they not doing this before they had to issue 2 billion shares? Extremely disappointing. No wonder it took so long to get this announcement approved. It's horrible news for shareholders and is a massive sign of bad business in my opinion.
    CIO Price at posting: 0.8¢ Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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