You keep talking about SOI must be one of them boys.. It’s all about market cap mate and exploring opportunities to increase profit margins into tens of millions. Hence the $18m raise as the GOAT has said, will be used to fund and capitalise the company into a GLOBAL name. Every ASX company needs money to make use of it to make even MORE money. A lot more.
Cro is in its BEST cash position and it’s for a reason ; multiple knocks on our door from major players that want a piece.
I’m holding long for the rest of the year just watch how this story unfolds especially when the flurry of announcements will start.
Ann: ASX capital raising query, page-141
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