Not going to happen. Only 800K raised like this last time. Also.
The Directors have set a cap on the aggregate amount that may be raised under the SPP of $2.0
million. However, the Directors reserve the right to increase this amount if the applications received
from Eligible Shareholders exceed this amount and to do so would be in the best interests of
shareholders.
2
2 ASX has provided temporary relief from the restrictions imposed under Exception 5 of Listing Rule 7.2 - refer to ASX Class
Waiver Decision – Temporary Extra Placement Capacity, 31 March 2020.
Also they have to act in the best interest of shareholders. More capital is always in that interest.
So sell confident you can buy back in at the lower price my friend. But do it soon. I did it last time not a fortune but free money if you intend to keep holdling. DYOR. Nice to see you can do the math. Good luck.
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