Hi @kingkev ,
They couldn't be more transparent about this - they've been saying they need to raise cash before Phase 2 trials for about a year and TBH its actually refreshing - everyone has been given fair warning to this not like some 2-bit mining explorers I've invested in before that have sprung the old " surpr ise capital raising to mates at low prices" trick...
Share price is not great but as @djwally says there were some larger holdings sold down due to various reasons. I'm hoping at least 6c for some of the capital if we dont need to raise all at once - its a previous raise / placement price from a few years ago that large holders got so would be a vote of confidence and reward for them too.
I've also been mopping up low 3's as well even though I said I was full. really am full now though I notice some larger bids in high 3's now.
Hopefully now - (like the rest of us invested) you'll only kick yourself for being on too early and not getting them cheaper.
Best of luck,
Disco.
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