Ann: UTR Completes Oversubscribed Capital Raising of AUD $2.5m, page-21

As gut wrenching as it may be Grum11, Byronwilliam is 100% correct.

Buying shares on the market gives no capital to the company whatsoever. It’s like if I buy a TV on eBay Sony doesn’t get a cent.

If they need money they have to sell more products or more shares.

As a start up they have no product so no option.

The original raise was to be at 2.5c with a 1 for 2 attaching option at 5c. After the suspension they made it 2c with no attaching option.

The ones who have real cause for issue are those who provided cash at the float at 3c.

For those trading on spec then I don’t have any empathy. Win some lose some