ADR 11.8% 1.5¢ adherium limited

Ann: Final Director's Interest Notice, page-33

  1. 667 Posts.
    lightbulb Created with Sketch. 319
    maybe the prop for cap raise, is a good sell opportunity Yenom?

    IF they do get a cap raise away, have to think it be at a decent discount to 2c, with some options etc? And as you said, existing holders didn’t support last time, and forced them down the convertible note pathway. So you wonder who will step up now?

    given there is no real clarity that a few million extra development dollars, will get them close enough to material revenues, hard to see the share price coming back online with any strength post a raise.




 
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