Raised at a premium
Increased the raise from 10m to 15m
Still mega oversubscribed!!
IMO this was the 'final hurdle' preventing investors to jump on board. The risk of an imminent CR was always on my mind whenever they released good news & if I was thinking about it, I'm positive others were too.
The balance sheet now has some serious muscle behind it with an additional $15m cash!
This story now has the runway to play out without a CR overhang stalling any momentum.
I'm excited to see how the next 3-6 months pans out as I have very high hopes for this company to take the lending space by storm & along the way capture the hearts of many institutional investors who just see exponential growth ahead!
WZR Price at posting:
7.6¢ Sentiment: Buy Disclosure: Held
