A3D 2.70% 7.2¢ aurora labs limited

Ann: A3D Completes Milestone 4- Commercial Ready, page-9

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  1. 7,305 Posts.
    lightbulb Created with Sketch. 1133
    I wonder if they wait for market reaction aka SP rise, then announce a CR that can be voted on at AGM ?

    They will need funds from somewhere to develop this to commercial stage.

    They have been running a very lean operation but only 2 quarters of cash left. On this news I would imagine they will have no problems doing a raise from existing shareholders or any of several funds or AM partners. Hopefully at somewhere over 20c !! Just have to wait & see how the SP goes.

    https://hotcopper.com.au/data/attachments/3745/3745921-237b865cf3ef8f6635c9c99ff0663d53.jpg
    https://hotcopper.com.au/data/attachments/3745/3745941-21be0d10be42e687d84b937a5a0f8e42.jpg
    .

 
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