my bet is probably a 1/1 rights issue as cheaply as possible so that the insiders get a second bite of the cherry in order to profit for what really does look like an outstanding product....
a killer for those that bought shares at much higher levels and cant afford to participate in the rights issue but hey, thats business.
either this is their strategy or the company truely is in dire straights and headed for administration/insolvency.
flip of the coin job but maybe a little better odds than two up at star city.
DDT Price at posting:
2.3¢ Sentiment: None Disclosure: Held
