There is some pretty heavy duty dilution of shares as announced in today's ann, and on the face of it, it's a terrible result for shareholders, but I look at it this way (I've gone glass half full here). For the company to have gone down this path, there must be something pretty significant afoot and if these funds can help us realise that, then I can excuse it.
I know that the company was scheduled to have its annual board of directors meeting this week in Denver. There is 'some exciting technical data to review and they hope to have some exciting news rolling out' is the word on the street.
IMO it's definitely worth sticking around to see what's on offer no matter how aggrieved you may be feeling today. DYOR and GLTAH...
E2E Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held