i just hope they shop around and get the best deal possible when issuing more shares.
the 8m loan is a joke. treat the 25m options as shares and they've issued the equity at 10.6 cents per share. plus interest payments are to be in shares.
the deal is excellent but the objective now must be to issue as few shares as possible to max shareholder value from the deal. i would rather they take a few weeks off to get the best deal rather than come out with a quick and s hit capital raising.
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