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Ann: Proposed issue of Securities - CAI, page-46

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24/03/21

18:33

Post #: 52013673
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Originally posted by GoldNugget92: ↑

Same question here, dont expect it tomorrow. But why should they issue more? Project is fully funded, blue spec will be financed with cashflows. There is enough cash and with the revised deal with Novo we safe another 6.5mln in cash.

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fair enough, but given the raise is not urgent, imo, they could/would/should have done it as a rights issue, rather than to pro's and spoof's only.......

CAI Price at posting: 44.0¢ Sentiment: None Disclosure: Held
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