I’m guessing you didn’t participate in either of those two raisings, otherwise you would remember. The 30 cent capital raising did not involve any options, and yes it wasn’t supported by shareholders even though it was $15k worth to all. Things hit the fan after that raising.
The 8 cent option were for an 8 cent capital raise that was even less successful which is what handed SIO their position at what turned out to be a very good investment for them.
Anyway we have enough capital to see us deep into 2023 so I’m at a loss as to why this is a current discussion.
AVR Price at posting:
$19.00 Sentiment: Hold Disclosure: Held
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