Do you care to take a guess at the cap raising price? I know they have to fulfil ASX requirements and raise min 2.75ml cash. Do you expect it to be done at a vwap of current price?
It does say in previous announcement that it would be done at a price that was mutually agreed to by both parties. not sure where that price point is.
I'm hoping there isn't too much dilution and the Sp reacts the same way it did after the last CR at 2c. It's obvious the register is controlled at the moment and it's one of the reasons I got in pre cap raise( that and the tech seems amazing) just in case it gets a decent push before hand or just after.
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FIE Price at posting:
7.5¢ Sentiment: Buy Disclosure: Held
