Awesome 'capital raise' in fact. I say that in inverted commas as the dilution will be unlikely to come to the market and sell down, yet it will be $3mill in the bank and a small dilution. Coming in at a premium to the current share price at $0.14, and it is directly oversubscribed by insto's is a great sign.
Also:
"We are particularly pleased to see a microcap fund investing in Knosys."
Great news that the fund's are beginning to pick up on this gem.
Ann: Knosys to raise $3million via placement, page-2
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