I hope the capital raise will be much better handled this time than the last one. For the benefits of financial certainty to establish and foster long term business relations, I strongly acknowledge the importance and significanc of the healthy balanced sheet. Without heathy balance sheet it hard to aligh with big fish.
In terms of VWAP in last a few days, I would like to place my bet on the raise price sitting between 0.14 and 0.15 range for around 4-5 m. I hope to get better deal. But the last Friday's trade indicated what the most possible deal we can get.
When the capital raise is done, the company's value should be freed from some market manipulation and re-assessed favouredly.
SE1 Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held