Over one million shares dumped Is there any bad news coming? I see no reason otherwise investors dumping so many shares at $0.065 when the rights offering just completed. I was expecting price increases after the rights offering completed. What a disappointment.
Also why Management is taking such a long time to get the Iron Ore Project moving?It has been over 10 months since it has entered into a non exclusive mandate with the Tulshyan Group to raise up to A$200 million with an initial tranche of A$50 million to develop the Company's Ularring hematite iron ore project located in Western Australia. Ten months and nothing has moved? As a long term investor, it is my hope Management would have some News relases to help the stock move above the current prices to its actual value.