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a great outcome - so far both raisings were done at 15 cents...

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  1. 43 Posts.
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    a great outcome - so far both raisings were done at 15 cents (even though this one is a conversion price) 
    insiders and partners know the value and potential. market is slow and hesitant. 

    IMO more importantly than the raising are these charts from the quarterly:

    Inflows
    https://hotcopper.com.au/data/attachments/1428/1428605-bb8286e7fecc872c2325d8cbde4a8d43.jpg

    Outflows
    https://hotcopper.com.au/data/attachments/1428/1428607-1eb03ebc6db5db8fc455de3bc20fe2ad.jpg

    Burn
    https://hotcopper.com.au/data/attachments/1428/1428609-659e52425ec4679eb3f0a833b6fb6eec.jpg


    if the business accelerates funding demand will become less important
 
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