TH, sure, the buy side might be a bit propped, but I don't think I have ever seen such a strong reception to a capital raising.
Up 16% today.
Next to no-one offering up their shares.
$10M+ cash balance soon once this placement is completed.
Strong insto backing.
Even at 50c/share, our market cap fully diluted will be under $40M.
This just keeps getting better everyday!
ann out- 32cps placement, page-29
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