Interesting stuff now. Market cap = $10.6m @ 1.4c, They raised $6m from the market + $1m placement to Thorney + $6m already held. So, $13m in the bank. Now trading @ cah-backing deficit. As we know, the corporate raider bought in @ 1.5c too. Games may be played here, due, I believe to it now being a takeover target. A lot of shares for sale @ 1.5c.
One could not buy shares near the the placement price since the raider bought in. Game on, imo.