Morgans are the lead manager.
Henslows had nothing to do with this cap raise.
Looks like we have stickier hands this time.
Directors have been very careful about who got stock this time
A couple of well known big investors have also come on board.
With the previous cap raise at 30 cents there was always the expectation that another cap raise was required. There is no such expectation this time. Ralph Schmidt is building a substantial business backed by industry giants towards being cashflow positive in huge growth markets. Ralph has built tech business' before from not much to billion $ exits. He thinks this has the most opportunity.
SE1 Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held