The US market is very concerned about cash runway - much more than the Australian market. You don't really get hit here in the Australian market unless you have less than 6 months of cash left, while in the US anything under 24 months of cash runway will damage your SP.
As I said previously this is a very good raise.
Ann: Clarity launches $121 million equity raise, page-42
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$5.74 |
Change
0.140(2.50%) |
Mkt cap ! $1.798B | |||
| Open | High | Low | Value | Volume |
| $5.55 | $5.86 | $5.42 | $6.703M | 1.176M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3124 | $5.73 |
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| Price($) | Vol. | No. |
|---|---|---|
| $5.77 | 5000 | 1 |
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