It could be at any price but the previous placement to Lion was at 52c a share which was a 9.6% premium to the 5 day VWAP. The share price has never reached 52c following the placment so this price was a good achievement at the time. If it is to Lion again, they might be able to achieve a good price at a premium again, if it is to a third party, they you are probably right about the price. We will just have to wait and see.
It could be at any price but the previous placement to Lion was...
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