My first purchase of Gage many years ago was interrupted by a trading Halt and I thought I had done my cash then the announcement came of a rights issue of 2 shares for every one held at one cent per issue.I immediately purchased up nice parcel of rights on market and took the full issue and ended up with a comfortable holding. I see a need to raise capital to fund the increased production capacity as a result of the increased activity of the push on the eastern seaboard and am waiting with cash to top up again if the offer is extended to holders.
GRB Price at posting:
6.8¢ Sentiment: Buy Disclosure: Held