well the CR for the sophisticated investors was at 6.5c. it was...

  1. 523 Posts.
    lightbulb Created with Sketch. 416

    im happy to be fact checked... But just check your facts before fact checking me
    well the CR for the sophisticated investors was at 6.5c. it was at a discount to the VWAP but that is how CRs are done, and capital needed to be raised at that time... So you dont count that discount, just the drop from 6.5c to 3.6c

    someone conveniently posted the details of the initial cap raise attempt here:

    Https://hotcopper.com.au/posts/77085512/single

    ill stand by my maths and I'll stand by my conclusion...

    Not worth the fuss.
    Last edited by mooselington: 28/04/25
 
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