RBY 0.00% 0.9¢ rockeby biomed limited

voluntary suspension, page-13

  1. adz
    263 Posts.
    I am guessing the capital raising is either:

    1. To finance the (now approved?) Anheal aquisition.

    2. To fund the expansion of Pepp into new markets.

    Either way, I expect the majority of the money to come from Chinese or Singaporean sophisticated investors and/or a large pharmaceutical wanting to secure a distribution agreement.
    Shareholders will be able to participate on a "1 for 1" basis as a reward for their patience, before RBY is reinstated and the share price hits an all time high.

 
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