some perspective
- the investors would have been talking to them long before official offers and negotiations
- a placement of this size will never be done by looking at one or two month average. Never. Just never.
- In Sydney CH in fact said (paraphrased) "we have enough money to see us through to next year, if we do a raise it will be to accelerate".
- he CANNOT have given any indication to shareholders that it was under negotiation.
now put that together with the asx300 and shorters, we basically got to the top of our range, amd now it looks like we've got the floor that we were looking for.
$5 is a very good floor.
This is going to turn out really well, given what the acceleration is going to bring.
vroom vroom beep beep
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