I think this may be a bit of 'allowing an averaging down' for...

I think this may be a bit of 'allowing an averaging down' for certain parties that supported the 20c IPO? Be interesting to read the changes in sub holders notices for confirmation.
Probably $10m+ raising...imo. That, with the options conversion due later in the year $8m? ..should see the company thru to free CF, thus relieving a key concern of the market...imo
May be a short term dip (buying opportunity), but mid term run imo.
DYOR