- I never said anything about 'raising funds', I'm unhappy with managements communication and performance throughout this debacle. Yes missing deadlines happens and I understand they are sometimes out of control of management. BUT, any accomplished director would be able to identify the risks of these delays and subsequently choose not to put dated deadlines on them if the potential risks had any likelihood of occurring. The fact that this has happened with monotonous regularity highlights managements inability to learn from past mistakes.
- GMC have not 'raised' 12M. They have raised 1M at a ridiculous 80+% discount to the current share price. I don't think that requires any sort of commending - any monkey could have done that
GMC Price at posting:
4.2¢ Sentiment: Sell Disclosure: Held