Almost certain now the raise is related to Harmony Protocol, for which I believe AB1 have a significant investment.
Harmony has been selected to feature as the next Binance Initial Exchange Offering, with listing to commence from tomorrow. This could be huge.
To to those who have sad bad news ASX involved I say I have never seen the ASX get in the way of bad news or stop trade for a chartering share price so draw your own conclusions.
AB1 Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held