RE: Share price2 Aug 2018 13:29
callit - there is no rumour, but we are just stating the obvious. The previous BOD said there would be no further placings and the company would be cash flow positive, but it didn't happen. I just think the market is pricing in the possibility of a further placing.
However, given the actions taken by the new BOD, I believe they will deliver on their statement and once this is demonstrated, there should be a significant upward correction to the share price.
In the meantime, for the believers, a great price to top-up at.