$63,186 on a $2.2m offer!!! If my maths is right that is a lesser amount than if the chairman took his full allocation. What confidence.
They may be calling in the administers before the years out. I don't think they have enough funding to get through the next quarter. Back of the envelope they have $500K left when burning $865k a quarter. Who would throw more money at this?
Ann: Results of Entitlement Offer & update on capital raise, page-2
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