People who think they can get in on the $3m raising at 1.3 have...

People who think they can get in on the $3m raising at 1.3 have no hope whatsoever. As I have said, the raising of $3m will be for institutional investors only (I have confirmed this with management) and I assure you the institutional investors will all be squabbling over a piece of the pie at that price leaving many of them with far less than they initially wanted or had hoped for. Institutions will be forced to buy on market if they wish to purchase more than their allocated allotment. The only way for Instos or mums and dads to get set is to buy on market which is pretty exciting for the share price. Some may only realise before it's too late some of us have been accumulating for the last 2 weeks

DYOR