Well summarised.
If management's buying strategy was to encourage further buying and SP increases as a prelude to a capital raising then good on them. Since GB bought in @ 6.9c this has had material effect on the dilution factor for any raise. My guess is that if they raise it will be for ~ $5m. Given that they have continued to provided B/E guidance for this year the majority of the funds will be going to into a ramp'd up marketing campaign. I would support this.
Finally closes above 200MA, page-14
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