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1,163 Posts.
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19/12/13
19:32
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Reditigerinc,
I agree. To raise 1.9 million dollars and be undersubscribed by just $284,000 is a big positive in this market.
It shows confidence in the resource and perhaps Mr Chen but not the rest of management.
I would think the comapny must have a number of big and confident backers.
I would also think the directors all took up the rights issue.
Perhaps the next few years is our time to recover what we have lost and with a bit of luck pick up a little more.
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