CXS chemgenex pharmaceuticals ltd
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Capital raising seems OK I suppose, considering the market...

  1. Vayama
    9,286 Posts.
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    09/04/09
    10:00
    Post #: 4998488
    Capital raising seems OK I suppose, considering the market conditions.

    43 cent placement raising $10M and 1 for 14 offer at 43 cents chasing $7M.

    At the rate CXS burn money, accounting for $5M in payables, this should last them until 31/12/09.

    1 for 14 is cool. I will take up my entitlement.

    Let's hope we make it across the line.

    CXS Price at posting: 52.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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