They did get it away at 10c....unfortunately they had to throw in a packet of options as a sweetner, I estimate they are worth about 4c, means the placement was around 8cps and while that is around the value the shares were trading at the longer term upside has been significantly diluted.......can they use this $6mil to make the company cash flow positive or does it get flushed like the numerous multi million capital raisings before it?????
Cheers
AOK Price at posting:
9.9¢ Sentiment: None Disclosure: Not Held
