interesting, where'd that rumour come from immmelman?
i finally a reply to my email to the company. i asked them why a capital raising now and has one of the debt instruments been cancelled. apparently the notice was meant to read 'funding update' but the secretary used the same letter as the previous trading halt which used the words 'capital raising'.
on checking, the previous notice didn't use the term 'capital raising' and im not sure when then last one did. so thats a bit odd. if you are able to ignore that then it does appear the intention is still to raise debt, not capital, so that' s comforting. a little more relaxed.
AWD Price at posting:
0.6¢ Sentiment: None Disclosure: Held