doesn't surprise me. once you start issuing shares at cheaper prices its hard to halt the decay in confidence!
imo It will take some work to get sentiment back here. Cheap share issues should be for the existing holders. Expensive share issues for the new holders /entrants. They could have offered 1 for every 10 or 12 shares held at 5 cent. The new holder could have underwritten this at 5 cents.
disclaimer; the above post is placed in the spirit of the forum where small holders get to swap their thoughts and opinions despite probably being wrong. So do your own research.
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