Ann: Successful Completion of Capital Raising , page-5

Well, they must have had enough influence to get punters to part with their money at 7 cents a share.

Perhaps this was the sweetener, (below)


“Indochine’s major funds and smaller investors wanted this raising to be as small as possible, and so
it was closed at a slight premium, ahead of a resource upgrade this month” said Indochine’s CEO,
Stephen Promnitz.