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I think everyone reading too much into this. If directors wanted...

  1. 1,188 Posts.
    I think everyone reading too much into this. If directors wanted stock for themselves or their mates they could have organised a private placement. The company is dangerously low on cash and need the money unless they have substantial orders which will be paid for upfront.

    If placement doesnt get away stock will probably to trading below 10 cents, a far better proposition than buying contribs with a 20 cent liability.

    von.
 
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Currently unlisted public company.

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