I just did a bit research on the volume trades. I actually think half the piggy back raise may have been turned over straight away. Looks like about 150m in trades just after cash was needed to be paid for the piggy back raise. I think a fair chunk might get taken up after all. I'm changing my view from slightly pessimistic to slightly optimistic on this piggy back style of raise working out for us.
CCO Price at posting:
0.6¢ Sentiment: None Disclosure: Held
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