Ann: Completion of capital raise, page-2

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    Global fund manager cornerstone investor, expected to become a substantial shareholder when placement is completed.
    Also new Australian and global institutional investors.

    Sounds to be a "quality" placement - hopefully we don't get the flippers which are so frequent in other placements

    Use of funds - sales, pursuing opportunities, develop new products, ability to pursue bolt-on strategic acquisitions etc
    (That last point was from the presentation).


    Sounds good to me.
    Last edited by ammie: Wednesday, 09:26
 
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