Gone ex and still holding its own on a bad day. Much stronger...

Gone ex and still holding its own on a bad day. Much stronger than I would have expected. Shares will have to be close to 30 cents to put the whole placement away IMO.

No placement = no cash. (unless sales + prompt payment)

Probably not that bad because they won't have to sell the whole placement to survive. I think they have a few months to put it all away. If they sell 25% upfront they may be okay and can't see too much of a problem with that.

News will help depending on how good it is.

von.