Ann: ECS successfully completes $4m raising, page-36

Yea but the dilution from the 100M MM deal brings with it assets and revenue - which is value to us. Not really giving it away for nothing. If MM adds $50m to our market cap in the near term that is good yeah? In round numbers $90M marketcap would mean roughly 10c per share. Who really knows what value the commercial harvest will turn up for us - So yeah dilution isn’t going to be so bad if the returns counter it.

We could have done without the 120M cap raise dilution IMO - with the MM commercial harvest now that must mean some big numbers incoming surely.