Correct I have sold and will reconsider if they sort out their cash position.
No cash no company its quite obvious
If they are doing a capital raising it will be at a discount to the market
If the are spending $88k per week they will need to raise at least $2m to see them through until September
If they raise at .005c they will issue another 400m shares and probably have to throw in some free options
Ann: Appendix 4C - quarterly, page-200
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