Okay. Was that good news or bad news? I'm sure I can't tell. Ideas anyone?
Somebody dumped a lot of shares on the back of it. But the capital issue was already mentioned as being for a new factory if things took off, so that is not bad is it? And revenue was down to $300,000 for the six months, but has already reached that in the last two months, which may still be a profit for the 6 months. Basically, the only problem was the total lack of any new information, and even that must surely be fixed in the next few weeks if the company is going to go for an issue. Certainly not a well handled announcement though, and the plunging share price will no doubt be regretted in Dunedin with an issue coming up.