I wasn't a holder for the previous cap raising Franc, what was the offer relative to share price? (save me looking it up). I was informed that shareholders only took up 3% of their entitlement. I'm quite puzzled over that extremely low uptake and suggests to me that the offer must have been very poor.
I agree that there is a lot of pressure on management to provide some good news to spark share price moving in the right direction. Watching this mornings activity, looks as though there possibly might be support around 5c level. I can't see the share price getting back over 7c in the short term without significant news.
APC Price at posting:
5.6¢ Sentiment: Hold Disclosure: Held
(20min delay)
