I'm fairly new to this, but wouldn't the wording "fundraising"...

I'm fairly new to this, but wouldn't the wording "fundraising" mean they're going to borrow money instead of issuing more shares?

There last announcement in September clearly mentioned a placement of shares not a "fundraising".

If they can secure funds this will acually be a positive as it buys them time to turn around Smokey and also invest into bringing Rooderand online?

Could be clutching at straws, but lets wait and see.

Maxy