No I was not scaled back. The raising was initially for $2 mill and they ended up raising $3mill.
IMHO, they will now be well capitalised for the near future.
I would expect the SP to be depressed for a few days with some profit taking of those that took up the offer, as we saw yesterday where the SP had a high of $0.071 before falling back at the close.
IMHO, I would expect the SP to kick off again by the end of the week.
No I was not scaled back. The raising was initially for $2 mill...
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