re: Ann: SHARE PLACEMENT TO RAISE UP TO $1,00... 1 million...

re: Ann: SHARE PLACEMENT TO RAISE UP TO $1,00... 1 million dollars is a lot of money to raise.
according to comsec this comapny has a market capital
of 8 million dollars.

does martin place securities know something we don't know
because i cannot see companies throwing round million dollars at something without looking right into it.

so i am thinking cfr must have something there or how could they possibly ask to raise 1 million dollars.

and if they know something it should be in an announcement or they are holding back information.