This is going to be a very healthy cash injection for the company to pave the way for future development....
IMO good move to raise at these levels and while there is significant interest in this space it will be achievable especially at a 28% discount. Much rather they raise the cash they require now while the share price is moving North rather than when it was in the teens... less dilution that way for the same amount of cash.. this large sum of money will cement the company's way forward..
Meanwhile now that I'm not going to be looking at this all day I have turned to some other potential BNPL stocks.. obviously I'm still in Z1P but looking for one that could potentially have the next big run like IOU hmmmm maybe IP1...
Anyways good run so far, congratulations to all, Let's Do again! See you on the next IOU multi bagger!
Cheers
Red bar
IOU Price at posting:
70.0¢ Sentiment: Buy Disclosure: Held
