If it's done in a responsible way then no problem at all. If it's done like the chair's done at IMU / CHM / RAD then it would be.
If bigger investors or funds share the optimistic outlook it shouldn't be a problem to raise $10m at 8c - 10c if the sp won't move any higher. A RI could mean a 1 for 2 at 10c. It will depend on the expected revenue per test and number of tests. At IPD for example it looked all so bright and yet the previous management managed to stuff up the unstuffupable and the new one still tries to get the sales back on track. If revenue would come in $1m per quarter then maybe raising $5m would be enough. Time will tell.
GLTA
If it's done in a responsible way then no problem at all. If...
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| Open | High | Low | Value | Volume |
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Change
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| Last updated 15.26pm 14/06/2024 ? | |||||
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