So if we are to enjoy a robust sales period in CY23 is it necessary for the $3m shortfall to be put to the market? The entitlement offer expires on the 22nd of February; this time next week. The LBT Company Presentation slides of 20 January, 2023 boasts the first item as "$3.0m Non-dilutive funding secured expands APAS® market opportunity." Was BB suggesting the $3.0m Non-dilutive funds obviates the need to tap the Market for a Dilutive CR? Avoiding a 12% Dilution gets my vote. Pretty strong message to the Market, Shareholders and vested parties.
History tells me he will take the Cash.
GLTAH
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-13
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