I think it'll be a big raise, somewhere between 5 and 10 million. There might be a big discount if that's a big raise though. We might be looking at 30c or even lower if they can secure deep-pocket investors. If you look at the AGM presentation, 2018 will be an important year and 2019 will be big. If i were management I'd get as much cash as I can now and give it to the new CEO to run the company with his plans as next 12 months will be crucial.
SE1 Price at posting:
34.5¢ Sentiment: Buy Disclosure: Held