"No doubt investors will be swept off their feet by the encouraging words offered by Rockeby in its prospectus for the raising: "If insufficient funds were raised from the issue to cover the company's working capital requirements, further funding may be required by the company."
If the additional funding failed to materialise, Rockeby assured investors that it "would have a materially adverse effect on the company's ability to operate as a going concern". Since listing in late 2003, Rockeby shares have fallen 97 per cent and have been diluted more than three times"
THIS is NO BIOMED stock , THIS is a LAUGHING STOCK LOL
RBY Price at posting:
0.0¢ Sentiment: None Disclosure: Held
