$10 million raise plus a few million in the bank let's say $3 million which they had capital raising last August should give investors great boost of confidence in a business with great potential and growing industry
The company should release statement to ASX and advise how this fund is going to be spend for transparent reason
If it is for growth and acquisition it will get positive response from investors
If it's for operational expenditure obviously not
WZR Price at posting:
6.3¢ Sentiment: Buy Disclosure: Held
