IMO Cap Raising was far to cheap.
Company investor presentation states 'Exceptionally undervalued @ A$30/Resource ounce'
If that is correct then why give it away at below market price? Why not put a premium on it, OR at least offer it to existing loyal shareholders at these cheap prices.
Lots of investors agreed that it was cheap otherwise it would not have been 'heavily oversubscribed'
Always dissappointing to see any Company management give their existing shareholders value away time and time again
They sure have killed the SP momentum for now
IMO Cap Raising was far to cheap. Company investor presentation...
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