Hard to say whether this is good or bad without 2H guidance in regards to cashflow.
Most thought this would settle at the 220-240m shares mark. Swaps out debt for equity without a nasty discount. But disappointing to be raising again at low levels.
Was also disappointed with $1.5m cashflow for the half. As we all know this should lift.
Shareholders have now been wacked with the double of heavy interest costs and now dilution, seems a waste and looks bad in hindsight.
Anybody have experience with bell potter post raise?
On a positive the digital influencer space was seeing highest ROI previous quarters so at least additional funding is going into a high growth area with proven internal metrics rather than a punt.
Still holding.
Hard to say whether this is good or bad without 2H guidance in...
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