32 cent placement, which very good for a stock that was recently trading in the 20s
at 32 cents, it is $46M fully diluted with about $5.5M in cash. EV = $40M
The Company has also received strong interest in equity funding from overseas based strategic and sophisticated agricultural investors and has requested a one day voluntary suspension of the Company’s securities to finalise discussions with the interested parties.
who knows. they could issue another 15M shares and have $10M in cash because now is a good time to raise money before the big crash
