Brilliant news... they have now raised $35m worth in the AIM listing
total shares on issue around 110m (roughly) after this raise
Total assets = $75m.......... $25m (last annual report) + $5m last case settlement + $10m last capital raise + $35m this capital raise
75m/110 = 68c per share asset backed
not much downside to being cash / asset backed ..
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Asymmetrical risk... no downside.. only upside, page-12
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Currently unlisted public company.
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THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
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