the bat cave, page-31

SP would have been 20c by now if they hadn't finished off the last rise by placing the leftovers with sophs and deliberately hiding the top20 so nobody could determine if they were dumping for a quick buck. And then just when we were about to get over that, announcing this superficially hare-brained dilution plan.

Far better they had let it rerate to 20c and raised a small amount of cash there to cover the prior shortfall, but clearly KEY management have NO faith in the current crop of shareholders or are running to a different agenda.

Are they just blundering about, or is it because they are not ready to let this run yet? News blackout/downplaying, the lack of progress on some fronts and the apparently ill-timed announcements indicates one of the two.