Not having immediate plans to raise cash means today or this...

Not having immediate plans to raise cash means today or this week, next week they would be free to ann to raise cash......seen that happen before, just saying.

round figures they stated in 4C to spend 2M next qtr & if again for following qtr, they have 4M (3.55M + 661k) so technically they can go till midyear before last penny drops.

Though so much to happen by mid-year that absolutely anything can happen.
Management will definitely not raise cash at this SP level, that you can bet on, once (if ever) the SP goes to $1 then possibility is there.

The ASX notice only directed at companies with low cash at bank so don't expect others like CAN (cash recieved today) & AGH & AC8 as they have healthy cash reserves.

Good to get a please explain IMO, gives us retail pundits more info.

CAN & THC both expecting stabilising of their products in March, you can bet CAN SP will jump 30% on the ann & THC up 3c & back 3c.

I just can't see THC rising too much in future, there'll be so much selling pressure once SP gets to say 70c for many to get out, been very frustrating long road.