I'm tipping you are wrong. CR to build inventory to cope with large scale contracts converted into likely significant revenue won't let the SP hang around 80c long if it even gets near there.
This is not the same as a CR equivalent of a mining company looking for cash to fund a couple of geos to stand with a shovel gazing down a hole wondering what's in there.
I reckon the company has more than a good inkling of what is coming...and need the cash to unlock the revenue to follow.
Ann: $70m Fully Underwritten Placement and up to $5m SPP, page-157
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$1.64 |
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