Yes, this raising was necesary. It was a requirement for becoming a recipient of the $29 million MRFF grant - 4DX had to match the grant amount with money of their own.
Ann: Proposed issue of Securities - 4DX, page-4
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Mkt cap ! $184.7M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 47.0¢ | 45.0¢ | $139.2K | 303.8K |
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| No. | Vol. | Price($) |
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| 11 | 110172 | 45.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 45.5¢ | 18994 | 1 |
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