Looking at the directors holdings an hour or so ago, I'd say there is enough skin in the game that they are unlikely to be rushing out to dilute us with a cheap placement or anything.
Track record with obtaining funding would indicate little to fear.
A 10% bash to an already down sp, well that's like concluding they'd they'd issue an extra 50% new shares, entirely to other people at a 30% discount, diluting the worth of yours by 10%.
Clearly stop losses, margins or perhaps just blind panic was triggered this afternoon. Question remains as to whether a sell off (panic aside) was justified?
EL
AOE Price at posting:
$3.55 Sentiment: LT Buy Disclosure: Held
