I agree snowy, can't see the benefit in offloading IMU, especially right now. I would have liked to receive my entitlement and don't think any shareholders were consulted prior to dumping them. With revenue coming in from Nov ( albeit not much to start) it seems like a piddly amount when they've just raised some.
All I can say is I hope we see a gain from our IMU money and preferably in the next 6 months. They'll surely have egg on their faces if IMU 5 bags and we're still languishing. The next 6 months will be pivotal on many fronts. They better invest my IMU money wisely. We'll see.
CGP Price at posting:
3.9¢ Sentiment: None Disclosure: Held
