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16/11/17
22:01
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Originally posted by Austinhealeysprite
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Do we know what the deal was proposed dilution wise by Halom? I actually don't know their proposed re cap arrangement.
None the less Halom raise some really good questions, such as the Jaya purchase at the top of the market and the supply base sale at the bottom of the market.
Surely the same crew who brought at the top of the market and sold at the bottom can't be allowed to continue to steer the ship?
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As I said, they are dog. But the choice is in front of shareholder. Cough up more money and wait for the tide to turn. Or cut loss and give it away cheap.
http://www.theaustralian.com.au/bus...f/news-story/b2a6df185d46986a1e5166d9d9a9bd48
He is a very savvy investor. He won't underwrite anything just to help other shareholders.