Cash balance was the same now as what it is now back in November last year yet they still raised then too, they supposedly had 28.8 million in the bank, yet they still did a cap raise at lows, for 3.5 million dollars. If they are so cashed up, why are they doing raises at lows for tiny amounts of money compared to cash at bank?
Like I have said on this thread, a little bit of digging into the history of the directors of the company doesnt inspire confidence.
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