One wonders how much market manipulation has been done by macq and others on this. The issue of new shares to institutional investors at 10c is low because the share price was pushed down most likely by those same investors who knew this was coming. Now they can let the price float they take their shares at 10c and dump again as soon as they can taking their profits. Or keep the shares to push their holding higher so that they can then take over the company for even less.
I would really like to understand why we are doing a capital raising at this point in time.
One wonders how much market manipulation has been done by macq...
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