Interesting... The volume is what gets me with todays...

Interesting...

The volume is what gets me with todays announcement, why all of a sudden 50m volume and it's not as if it's to push value up for higher CR price!

I do wish however the announcement stated 'in relation to a capital raising and a significant acquisition' or similar. If it's just for cash with no backup information or news then I can only see a .001 or .002 best case raising.

Also notice around 2.4b shares on issue PLUS options!!! Not a small register, will need to be something massive to deliver a major return to shareholders.

Also in my thoughts is why raise now? With historic cash burn of say $450k per quarter they still have $1.2m minimum, still 3 quarters of admin before they had to worry about their wages stopping.