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4,391 Posts.
780
10/10/13
16:18
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accaeric,
That's before they announced a placement at .006c.
25 million shares at that price is a nice win for those lucky enough to get them.
Feel sorry for those that paid above 2c the other day.
With the proposed deal on the table one would have thought that management may have been able to do a bit better then what they got with the raising.
1c seems a lot more realistic. Half the amount of shares for the same money basically.
Perhaps someones nest is being feathered.
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