I wonder if the lemmings will understand what this means ......

I wonder if the lemmings will understand what this means ...



The company is essentially saying they have no need for an additional placement facility

Thus that should alleviate the concern they need a CR

Remember they have $2.4M of cash, a whopping $1.5M of stock and revenues in Q3 of $1.1M

There is no immmediate need to raise money and they will more than likely be CF+ by Jan quarter

PAC Partners are roadshowing them around Sydney and Melbourne after the AGM, so this should put to bed any concerns it’s a roadshow to bookbuild - it’s purely to promote the company

Finally management start using their heads !