@kudo, I will be placing you on ignore after this post as your posts are mostly emotional and mostly inaccurate.
The insto raise was $2.5m. The terms were decided by bells prior to going to market. Insto were impressed to the extent that they up the CR to $4.3m. This is a great result in this market and is manly due to the "cheap" valuation of the company. At 3.7c the market cap pre money is around $53mAUD. IMHO, thats about 1/2 the price of fair value given the progress and signed contracts that the company has made.
No need to reply as I won't see it.
Ann: BluGlass Investor Presentation, page-6
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Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.95M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.5¢ | 3.4¢ | $14.72K | 426.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1852356 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 222020 | 3 |
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| BLG (ASX) Chart |