A lot of negativity here... cash receipts for Q1 FY2022 were over $1m, and likely to continue to grow strongly. This is on the back on growing cultivation capacity, and significantly increased orders. In short they need to scale up to meet the demand. Hence more capital needed...
AK is the one being diluted the most here... so i am sure he would much prefer to be raising at a higher price!
Ann: Trading Halt, page-15
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