Even more interesting that Giles stated at last CR that these funds would be sufficient to see us through to commercialisation. Obviously still have plenty of cash. This could just be opportunistic with the share price being strong. I hope they have a genuinely good reason for this raising and not just to maintain the current structure which is increasingly becoming top heavy imo. Will need to be explained well to maintain shareholder support. If so this could see more upward movement with no CR in the future to stagnate movement. If not who knows where it may settle. Come on Giles give us long termers and new holders some meat to chew. An update on collaborations is long overdue.
Good luck all.
BLG Price at posting:
40.5¢ Sentiment: Buy Disclosure: Held
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