Given one of the proposed motions is a share consolidation 1:6.8...

Given one of the proposed motions is a share consolidation 1:6.8 it would be more likely to raise in the new year (for the record I don't see it happening).

At today's price of 12c it equates to 81/82c. A raise would potentially be at a discount dependent on if they selected a small insto placement or rights issue. Raising only makes sense IF they felt like the Oppies would not be in the money.

For the record I think they will cash which would provide plenty of $ to get to CFP in 2019.

DYOR but I feel this might be a 2019 gem.