The "New" $7.5M raised....from the resolution 3 it hasn't "committed" (just stick to the facts will you....).
IMO, it will depend on the pending revenue coming in on whether they need it or if all of the $7.5M total is required.
"At this stage the Company has not committed to undertaking the issue of the Future Placement Shares, nor the price at which the Future Placement Shares will be issued. However, pursuant to Resolution 3 the Company is seeking approval of Shareholders to provide it with flexibility to undertake the placement within three months following the Meeting."
The "New" $7.5M raised....from the resolution 3 it hasn't...
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