I think he did average down to 5c, so 150% will help to recover the loss.
Not sure what kind of the announcement it will be for tomorrow. They have raised 25m shares as working capital left 60m share to go without approval from shareholders. Highly possibly the existing (old) sharesholders will not put in more money for the available $1.2m capital raising, unless the future is promising.
Otherwise they should have announce more good news bring up the vwap for next Capital raising. So believe the capital raising is from institution or some where else.
Hopefully to hear more update from China and USA sales.
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I think he did average down to 5c, so 150% will help to recover...
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