I think the market had time to buy at 12-12.5c prior to...

I think the market had time to buy at 12-12.5c prior to this...before the Instos.

April 10th pressy: H2-FY17 OUTLOOK Crowd Mobile expects an increase in all key financial metrics: Revenue, EBITDA, NPAT and Operating Cashflow, compared to H1-FY17.

Some clues from todays announcement....

"The Company’s net debt is expected to be approximately $3.4m once the Placement is completed."

Total Debt end 2016: Dec-16 Debt totals $15,379,586
-Cash $4,644,201
Net Debt $10,735,385

-$5,200,000 Cash (say net after fees) from CR

Net Debt $5,535,385

Cash increase Q3 = + $2,135,385


NOTE: They also have approx $5m in NET receivables vs payables. (another nice buffer) not used in Net Debt calcs.