I cannot think of any good reason for not taking up the RI. The co at the moment is financially ok until at least end of the year, With the expected approval for sale of Thermalife and distribution agreement, the sp can likely double/more before year end. This will encourage options to be exercised and thus raises more funds and if product sale is profitable the co will only be financially stronger.
Looking forward to next week after the RI closed and see how sp goes.
- Forums
- ASX - By Stock
- 1.2 cents
I cannot think of any good reason for not taking up the RI. The...
Featured News
Add CAI (ASX) to my watchlist
(20min delay)
|
|||||
Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $93.67M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CAI (ASX) Chart |
Day chart unavailable
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
CFO
Previous Video
Next Video
SPONSORED BY The Market Online