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Ann: ASX capital raising query, page-260

  1. 12,830 Posts.
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    Highly doubt what you are saying and don't give it much credence as the Options which have only just become available amount to less than 30 million in shares , and yet the volumes up to and including the pre-raise close from the mid 6's have been well over a Billion traded. And like I have previously stated , the $5,000 per month Broker mandate is not in itself out of the ordinary , and in fact is pretty much stock standard market pricing.

    However in CRO's case , if they get more bang for their buck in organizing next level ' Funding Watehous ' style deals and / or brings in a Cornerstone Tech Investor - then they will have earned every penny of their fees. And obviously the Jury is still well and truly out on this one , but I can' help but think that they in part had something to do with advising Richards in the first step in converting his 5.4 cent options ahead of any of his 2.5 cent ones when he still had almost 3 months to run on them.......sneaky.png
 
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