If they are on a winner which I think they are, even if they do another cap raise in 3 months the price will be much higher.
I think they have good results coming to satisfy the new placement holders in a week or so, and they will use this money for enough drilling to get this up to 20c or so.
That is when they may raise again.
At this stage I expect this will have a little sell down to 6.5c then those that missed this placement will buy up for the next results and we will get back to 10c pretty quick.
Ann: Trading Halt, page-10
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