Genuine question:
What makes this different to a CR raise?
How many shares were issued by ECS to sophisticated investors recently? The same investors are now selling down their shares for profits.
$4M @ 2.1c
190M?
what are the statistics around dilution for both companies?
ECS have 1.1B shares on offer.
CAN have 388M on offer.
Why is CAN issuing 2M shares considered worse than the CR ECS have undertaken from a financing strategy when considering dilution?
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