Ann: Hydrix successfully raises $2.5M, page-5

I did, and it's an interesting one. Because most of the times, CR happens after consolidation.

But this time, we've already raised and will be cashflow positive from here. It could be done to reduce the register and getting rid of the untradeable parcels.

Also, with a higher shareprice, it could attract more investor/funds that has a minimum buy in price and this sentence may also give us a small clue:

"The funding package provides Hydrix with a stronger balance sheet moving forward, allowing the Company to tender for and subsequently enter into larger contracts as well as giving a base to pursue its Buy, Build, Invest strategy."

When negotiating deals with big companies, the perception of our company is different when it is 30c, rather than 3c.