Hindsight to judge this capital raising prudent. Markets, as PR suggested, have turned. Raising capital looks a hard task for the foreseeable future.
It may be stupid but, I fully participated in the raising. Happy to tip the hat back to management who really didn’t need to include retail at all.
Much of a muchness anyway.
Any downturn insulated via balance sheet.
Onwards.
Ann: Paradigm Launches $66M Capital Raising, page-131
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