CIO 0.00% 1.8¢ connected io limited

Ann: Trading Halt, page-2

  1. 1,791 Posts.
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    Capital raising? Oh boy....

    I can only hope, given that they seemed to have enough cash + cash flow to last for a while yet, that this is to finance larger orders or some other type of rapid expansion rather than to just scrape by.

    Pretty bad share price to be raising at, sounds like a consolidation is going to be necessary soon as well so the price has any more room to fall? :/
 
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