What do we think? Not much info except that the funds will be used to fund expansion..
The fact that the placement was filled by institutional investors is maybe the only positive, I would think Insto's wouldn't just throw cash down the drain if there didn't seem to be some value. Possible drop down to 24c today??
This is my opinion only, not financial advice.
Ann: AGH Successfully Raises $10.64m To Fuel Growth & Expansion, page-2
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