A couple of posts above mentioned CLA - it's useful to note what has happened there. As soon as the announcement was made there were a few gleeful voices predicting SP would drop to .008c. A couple of posters even urged holders to dump all their shares on open. Yesterday it looked like many holders were in a panic and did dump, it dropped to 1.4c low. Closed at 2.5c today. Lesson?
Ann: Vector to Undertake Equity Placement, page-127
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