There's a couple of Billionaire's on the register so wouldnt say a capital raise will not be at a good price.
IMO, if they havent signed a MAJOR telco within the next 3 months then It could be curtains.
On the other hand, they seemed pretty confident with issuing the performance shares (now cancelled) at $1.25-$2 so that might be a glimmer of hope.
5 months in the UK and still nothing?
Ann: March Quarterly Report & Appendix 4C-DUB.AX, page-36
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