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I tend to think they wouldn't want to issue above the initial...

  1. foo ling yu
    1,160 Posts.
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    24/06/20
    18:01
    Post #: 45427284
    I tend to think they wouldn't want to issue above the initial $1.5m just because of the rock bottom price, it would make sense to hold the remaining issue allowance for a better price.

    Even a modest early uptake of the new watch should see us float up to the 20c range and then a possible contract announcement could punch it well beyond that.
    MWR Price at posting: 14.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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