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Ann: Quarterly Report and Business Update, page-10

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    "The primary use of funds will be to accelerate the Company’s growth and expansion strategy
    in Australia and the UK. Additional funds will be used to strengthen the Company’s balance
    sheet and finalise the repayment of prior period liabilities."

    As per announcement "Successful Completion of Placement" ~ 07/10/2020

    Share price will most likely continue to weaken as holder who brought after announcement sell into an illiquid market.
 
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