The $207 million ASX-listed company had its stockbroker Bell Potter offering new shares at 16¢ a pop, a 33.3 per cent discount to the last close.

The $207 million ASX-listed company had its stockbroker Bell Potter offering new shares at 16¢ a pop, a 33.3 per cent discount to the last close.

Backers would love to see this company cement a comeback, but it has more red flags than a CCP political rally.