thoughts on cap raising, page-2

Fair post Grajem12. But unlike you I will not be participating in the raising. They have got enough of my cash and failed to deliver on their promises thus far. Management credibility is now shot IMO. And what price will this CR be at 50c ? So soon after previous raising at 65c and bank loan ? Come on, this doesn't sit right. Will await company's rationale and usual puff before commenting further but how many holders will want to put their hand in their pockets so soon after the previous raising which has already left us all deeply under water. I'll probably sell out and take the loss as soon as trading resumes as you can't keep hitting shareholders and expect the market to back you. Big names on the board, but no big gains here sadly.