If these big boys are coming to the party and are happy with $6.50 a share for $100m then I personally can't see how that isn't a huge confidence builder for those that were shaky.
This funding gets us all the way through DFS which will be a massive step for the company. A show of confidence like this at this stage for me is a huge tick.
You are spot on though, everyone's interpretation of things varies so let's see.
Ann: Equity Raising Presentation, page-11
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