They've drawn down the full amount already. When old mate feels...

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PharmD

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16/07/25

11:31

Post #: 79815075
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Originally posted by ExtremeLand: ↑

Capital raise imminent it seems. They usually do when they release investor presentations like this. We know they aren’t CF+ for June and they’ve been drawing down the CAP loan. They are desperate to keep the lights on.

What’s everyone’s expected CR discount price? I’m thinking 4, but the question is will they be able to rinse investors again and sucker instos into investing?

You have to remember, management are creatures of habit. They do the same things before and after a CR so you can easily know when it’s going to occur and they rehash the same lies.

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They've drawn down the full amount already.

When old mate feels the need to say we won't be diluting shareholders any further you know something's up lol.

It's not the first time he's said things like "we're adequately funded" to then a couple of months later do a CR....

Warmest regards,

PD

SPX Price at posting: 0.6¢ Sentiment: Sell Disclosure: Held
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