It will be around 15c i reckon, at a guess. But, strangely enough for this raising i'm feeling nonsensically okay with it - with good progress for once in its commercial life, and strategic partners jostling around, the company needs to be in a position of balance sheet strength to have some swagger in the negotiations (i.e. we have time up our sleeves as a going concern) as opposed to desperation - hence, i'd rather it be somewhat dilutive now than otherwise at the JV stage...just hope it's not all swayed towards Insto demands to given them an angle to get onto the register in a meaningful way...or at least they make them pay up for it as opposed to a massive discount.
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