This should give us a solid base of 20 cents. A lot better to raise at 20 cents than 10 so that’s a big plus with the increase in recent share price. It was probably due for a breather regardless and was most likely going to consolidate in the 20-25 range the next couple of months in my opinion.
As others have mentioned, it should be a very exciting and productive next 12 months.
Nice work team.
Ann: SBW receives commitments of A$1,365,000 in placement, page-7
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