9 mil will be an insto placement. That means we will not be able to participate. However the SPP (share purchase plan) will enable current shareholders to participate in the raising.
12m is real good.I knew it would not be huge with operating cash flow around 15m pa, 5m from options.
It shows growth is evident. Good price around 50c
Expect a trading update before christmas to justify the benefit of the SPP
RQL Price at posting:
55.0¢ Sentiment: LT Buy Disclosure: Held
