No surprise at all. We who don't wear blinkers knew at the beginning of the year that they'd raise again through CFTF between June and August. Some said we had adequate funding into 2025 but our management don't ever let funds dip low. They'll probably raise at about $1.50, which is good, but unfortunately the block-trade price will only be about 90c so down we go. However, we were probably going to 90c today anyway so no big difference in that regard. But at least we'll be well cashed up again. Hopefully by late September we'll be back to $1.50.
What's the betting Argonaut will be in the queue to buy shares through the block-trade?
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