Because you need to issue a prospectus and its hard work (both time consuming and capital intensive), particularly when compared to raising from 708s or overseas investors.
Ann: $4m Raised Through Oversubscribed Placement, page-7
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Mkt cap ! $4.942M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1152556 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 1165184 | 2 |
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