I realise it's early days (less than a few hours since the ANN), but I have to say that so far this is one of the most positive market reactions I've seen yet to a capital raise. A really good boost in volume and a solid 20% uptick is a great reaction to any announcement, let alone a Cap Raise.
Will be interesting to see if they do another one within the next 6 months, though I'm more interested in the JORC and the new workshop being completed in that time
Ann: Bass finalises transformational transaction to save $10m, page-20
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