Hi @morganp,The only AFR coverage on Fluence was yesterday at...

Hi @morganp,
The only AFR coverage on Fluence was yesterday at 11am. No mention of a shortfall. Do you have another source or just posing a hypothetical?
"Water and wastewater services business Fluence Corporation is seeking to raise $30 million in a placement of new shares that launched on Wednesday morning. Stocbrokers Evans Dixon and Petra Capital sent terms to fund managers, offering new shares at 44¢ each which was a 12.9 per cent discount to the last close and a 12.05 per cent discount to the five-day VWAP.The placement was to be followed by a share purchase plan to raise up to another $6 million.Street Talk. Peter Braig Funds raised were to develop the company's China partnership ($12 million), China plant expansion ($3 million), working capital ($7 million) and other uses.The brokers were calling for bids by 3pm on Thursday. Fluence Corp had a $271 million market capitalisation prior to the raising."