You can't win sometimes. Okay so we know we need money, we've known this for a long time. The only thing that would be interesting here is if Aussie investors can get in on the CR? He said no last time but we will see. My guess is no, but that was my thoughts last time around.
So at what price will the CR be? And for how much? Well there are some great questions, but I've got an even better one for all. Is this next CR actually going to be our last? Will they raise say 20 mill US from US investors and then with the loan have the fund to move forward without extra funds needing to come? There are always 2 sides to the coin, i just always like to look at the side that makes the most sense. I look at positives.
So we need funds. Hank said he'll get non dilutive funds, he did.
People then worry about a CR. 50% of dilution has just immediately disappeared into fresh air, I only see that as a positive, sorry.
I don't believe we need funds or a CR until March. Plenty of news opportunity from now till then. This is massive news and the market will in the end come to the party, if not today in the coming weeks once they digest it. No I'm not buying, I did mine when people were sad and crying.
3DA Price at posting:
34.5¢ Sentiment: Buy Disclosure: Held
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