Let’s look at the glass half full people! The board has come out to Australia to roadshow for a week and subsequent to that has had such huge demand for equity funding they decide its only prudent to bank a few dollars!. Let’s face it regardless of the WV state funding the company only has $2mill cash on the balance sheet (as at 30th June) so as far as I’m concerned its cum raise! Anyway thank god this is behind us! we can now launch into 2018 with a full funded expansion plan and a team to deliver!
CFO Price at posting:
36.5¢ Sentiment: Buy Disclosure: Held