What a pack of twits you lot are. You are so blinkered and hateful of this company that you cannot even read a Quarterly Report properly. Page 4 of Appendix 5B says;
"Raised $432K from Rights Issue in January 2023; have commitments to raise another $1,070K from Shortfall under Rights Issue and actively seeking balance of Shortfall under Rights Issue of $1,977K. Directors to apply for $200K of shares after Shareholder approval at General Meeting on 31 January 2023. Raised $33K from Options exercised in January 2023"
Commitments need to be taken as such, while actively seeking balance of shortfall may not amount to anything. Nevertheless, $1,070K keeps them going on a debt free basis once the $435 of loans is repaid.
WRM Price at posting:
6.8¢ Sentiment: None Disclosure: Not Held
