would have been happy to buy at 20c with free 30c strike options (that strike price does not seem high enough IMO).........you'd think these days that bankers getting 6% plus options could have arranged a cheap SPP for retail shareholders
anyway, 6m will hopefully provide a bit of runway for them to grow and if they can leverage some of that to reduce their interest cost on their existing loan, that would also be a benefit in the long term
Ann: LPE Raises $6 million via a Placement, page-2
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