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I think 1:10 is unrealistic given they originally offered 1:17...

  1. Denial
    5,503 Posts.
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    13/02/19
    12:43
    Post #: 37422715
    I think 1:10 is unrealistic given they originally offered 1:17 (now effectively 1:21 post dilution).  

    They're more likely to cap the next round at sub $150M (from $113M) as they may not want to use significant levels of debt to get T3 up and running 
    MOD Price at posting: 30.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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