fwiw if anyone doubts the decision to cap raise now, I just noticed that WKT got a query from ASX as their September quarterly accounts showed cash on hand $1.5M and projected spend of $1.4M for December quarter. Response was that at their AGM a few days previous, shareholders had approved a 15+10 placement capacity and a $1.3M cap raise within 3 months.
The query didn't appear to hurt their SP, but seems it would be prudent to avoid such queries where possible.
Also fwiw I'll be doing my BPay this evening; had to sell some last week to fund it but I rationalise that it's nice getting the market to fund TON. Modest cashback for the swap plus a small offsetting tax loss - got the trifecta.
GLTAH
TON Price at posting:
7.6¢ Sentiment: Buy Disclosure: Held
