Yes...no....sort of Skene.
True we all only got around 50% of what we applied for, but Rob has doubled the size of the raising.
Instead of issuing 3,333,333 shares, he'll now be issuing 6,666,666.
"Tourists" and the like, may view this as an even bigger overhang.
I don't see it this way. I see the shares going to hands as sticky as you're ever likely to see in a capital raising.
Our shares are so rare and sought after now, they're a bit like Willy Wonka's golden tickets.
This then leaves us with nothing but the positive from this move of Rob's....an extra $1,000,000 of cold hard cash in our account, ready to drill the clappers out of Strelley.
Game on!!!
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