howdy, I haven’t read all the comments above, following CRO HC threads has started to become quite difficult sorting out the genuine posts from those that are just plain waste of time. With regards to this announcement, I’ve read it and have no concerns. Shareholders also have no concerns judging by today’s close (on a red day). The business has no concerns. ASX has an obligation to ask these questions. CRO had a good run with the share price, so did their peers in the sector. That run was always going to happen when you consider the value/potential off what’s on offer. They had an offer made to them to raise capital and they accepted it. As a shareholder, I’m glad they did. Capital raises this early for the purposes of growth compound investors return much quicker in the longer term.
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