I was expecting a big fat zero to be raised, now seeing the...

I was expecting a big fat zero to be raised, now seeing the result I'm hoping that the $15k is management themselves reaching into their own pockets...

I don't think anyone expected this to raise funds, but in reverse, all the retail holders would (as usually happens) complained black and blue if they were left out of the CR and the share price had risen instead.

I don't expect the share price to suffer much in response to this low SPP raise result. Shareholders have simply sent a message to management that they have taken the wrong path. I don't see those same shareholders dumping the stock at this level, Blind Freddy could see this result on the horizon yet we haven't had any selling the last two days. We also know that 20 mil new shares are being issued at a 25% loss to the current share price.

So now that the 1.5c wall has been removed and the new shares will be added to the market, here's to an onward and upward share price.

Regardless of these latest events, we are worth far more than 1.2c a share and we all know it.