An announcement in relation to financing
I'm taking a wild punt that it may have to do with the rest of the R&D rebate that seems to be in debate with the ATO. Very little updating/explanation to the market as to what the sticking points are has been given.
Could be roughly another $10,000,000 that they would have to find, but I'm just guessing and possibly could be wrong.
Could be just another deep pocket coming through the door that they would like to get attention to.
Could just be that they are $1,000,000 short to get through this 1/4.
Interesting Times...
We Will Await To See, Price Sensitive UP or DOWN ???
Capital Raising, page-26
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