re: Ann: Ampella Secures $4m Placement with I... TechStep,
According to today's ann, the company had cash of $3.6m at the end of May from previous capital raisings - so if they are now raising another $4m, I assume they must be ramping up their plans significantly. That suggests to me the drilling results have raised the stakes. It would also appear they have had a number of insto's lining up to get a piece of this @ 30cents.
Up until now I wasn't sure which way this might go, but I agree it now looks very promising.
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Price($) | Vol. | No. |
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21.0¢ | 1200 | 1 |
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5 | 401485 | 0.200 |
1 | 100000 | 0.190 |
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0.210 | 1200 | 1 |
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