I honestly don’t t see any cap raises again. They have 10 mill plus already, another 3.5-3.8 in August for the option take up of the last raise. They have RnD refund coming back sometime in the next few months. They are well and truely cashed up enough to get a commercialisation deal done, and bring in a big boy to partner with to the next level.
Maybe the presentation was bought out because they are out talking to the so called "big boys" and are playing exactly to the rules of the ASX......
I would think that is a lot more likely than any raise.
The next phase for this company is week away IMHO where we will see significantly higher prices. Should’ve ve hit $3 from the study 7 update, market will wake up very soon.
But please DYOR
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