Well if everything holds true and they plan on consolidating 3:4 and then raising $8m at 20c we should get 15c at least as they won't be able to raise any money at 20c if the share price isn't at least the implied 20c on a 3:4 which is 15c
$8m is a lot to raise so you'd think to inspire confidence they will try have it higher than the implied 20c level which is 15c
Let's see what unfolds
COT Price at posting:
9.1¢ Sentiment: None Disclosure: Held