CR at 4.5c with free 1 for 1 options. That's probably the worst type of raise possible!!
You can dump the heads and hold the options with zero risk.
There will be plenty of pissed off holders.
The way things are going on the ASX, once the shares come out, it will head towards the CR price or potentially go lower.
It will depend on what pump announcement they can come up with next!!
Ann: Assays over 5% Lithium Oxide (Li2O) at Carlingup, page-38
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