Small volumes relative to Market Capital continue to erode share price!!! So if there is value in BLU?, I ask myself:
1. Top up now?
2. Perhaps the next cash raise will be more favourable? If smaller shldrs are given the opportuntiy?
In the current market with interest rates rising once again, will BLU trust the retail market to take up any offers put to them.
Surely we won't have long to wait on BLU announcing how they propose to continue funding their operations?
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-6
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