Market knew they needed get cash in the door, this will be the last raise as you'd think
will be cashflow positive soon.
I think that's why was a small sell off from 4c to 3.5
Will be interesting who is involved, we will have access via rights issue.
Am guessing they would have preferred to do it in a couple of months time but better to be safe and lock it away now.
I am a client of merchants but yet to see term sheet with offer details yet
Ann: Trading Halt, page-12
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