Very encouraging, the fact that the existing sophisticated and institutional investors topped up and new big fish entered the pond speaks volumes. confidence levels are at an all time high in this company and I can only see the momentum continuing from here... The funds will be used in a very encouraging way too. It's only 34 million additional shares, no big deal... I got in on the action too but only in a small way as I am already obese bursting at the seams with ResApp shares... These big boys who participated would have done their DD and would be very confident of a successful outcome from the SmartcoughC2 study. IMO most of these shares would have gone to very sticky hands...
IMO I believe the share price will do something similar to what I did last time we capital raised..... capital raise 2. 0
ResApps future looks very bright
!
Cheers
Red bar
