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I bought in a while ago. A $37m cap raise seems reasonable to me. A good big chunk of it is going into staff for further product development - I am happy with that. Staff costs won't burn the cash in one week, so they will have a good pile of cash for other opportunities should they arise. I like that McD's wants to keep its 9.9% stake so prepared to put more money in. A bit disappointed with the trading figures.
That said given what I have made so far I reckon I can fully take up the offer, take a hit on a discounted SP and still be well in the clear. And look forward to a healthy dividend yield some stage in the future.
I also like the ASX listing - we need the ozzies to get behind and create some demand and added liquidity.
