!4 Nov 2016 09:55
Craig Brown, Chief Executive Officer of ECR, commented:
“The Subscription, which was over-subscribed by 15%, is an encouraging vote of confidence in ECR’s future. This will enable the Board to use its technical strengths and expertise to maximise the value of the Company’s existing assets whilst evaluating further new business opportunities.”
Just my opinion but maybe OPTIVA are the ones buying @.004 nice for their clients to be able to buy MORE at less than the .005 they were willing to pay for ANOTHER 1.5 billion in the placing?
Just sayin