I still think they could have raised at 30cents and filled the placement. Market cap is massively undervalued considering it was overall market sentiment that smashed all miners at the end of last year.
Looks like a lot of sharea are just getting poured into the market already.
So annoyed at myself for buying in last week and 2 days later cap raise as 2 days after that it will be down over 10%.
Story of my life with timing...
Positive is I don't think it can go too low before there is quick swing when 2019 demand picks up along with V price.
Unless Trump screws us all which is like, 60% in my estimate.
TMT Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held
