Its a bit of a mess, how they have done this, raised a CR for the second time in such a small time frame from the previous CR, then the share price got smashed, too aggressive expansion as the share price fell below the CR price. So they did the right thing by cancelling it so shareholders don't get burnt, so they raise another at 45c, well lets see how the market reacts to this...I think there expansion plans are too aggressive and expensive with little revenue.....GLTH
AU8 Price at posting:
53.0¢ Sentiment: None Disclosure: Not Held