Funding7 Feb 2018 19:16
Nick Lyth, CEO of Altona, commented, �I am delighted that our partners have expressed a willingness to develop the Company�s coal project. This level of funding would represent more than TWICE the Company�s current market capitalisation.
That was 3 trading days ago.
Today our Mcap is �5.85M, the funding available is �18.6M, which now represents more than TREBLE our current market capitalisation.
Makes absolutely no sense to me how we have seen over 20% wiped off our value on news of available funding, surely we should see a correction?