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3.49% 41.5¢ scidev ltd

They had $5.5m in the bank prior to the CR which raised $17.3m...

  1. Patient
    2,442 Posts.
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    23/08/22
    17:46
    Post #: 63277212
    They had $5.5m in the bank prior to the CR which raised $17.3m after costs. At the end of June they had only $14m left.

    So I assume you mean they should have raised earlier at $0.90? Because otherwise they would have $2.5m in the bank now in a much worse capital environment. The raise itself was absolutely spot on in my view. My own participation was less than optimum.
    SDV Price at posting: 31.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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