Capital Raising. The elephant in the room., page-7

  1. 229 Posts.
    lightbulb Created with Sketch. 24
    They had $217m in cash as of the 31 Dec...While an institutional Cap Raise may be on the cards, timing for is everything...why do this when the SP is retraced?

    A far better strategy is to time the cap raise when the SP is around $12-$15 (which it will be)

    No point undergoing a fire sale when you may not need the funds just yet
 
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