Would be nice to think that you and Greenleaf's reading of the situation are close to the mark.
Guess we'll find out pretty soon after opening on Monday morning, whether this market sensitive funding announcement snook out after close of business on Friday is viewed by the BEOT as:
1) an extra $15m line of funding which we can choose to use or not totally at our discretion; or
2) a sign of weakness signalling to potential predators how dire our funding and cashflow position is.
and if the latter whether they are prepared to dump the shares the recently picked up in the Capital Raise.
Nothing to do but wait.
Ann: Galan Secures $15m ATM Funding Facility, page-54
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