Agree. If this didn’t raise it wouldn’t have been on my radar. Other investors that participated will be the same. The register is tightly held and liquidity generally poor - this will help with that which is a good thing.
Also, funds are for growth. At this market cap, it won’t take much to double given the low valuation. The term sheet also had some info on what to expect for FY2021 and it looks very promising. That also doesn’t include the earnings that this raise will buy too. GLTAH
Ann: Successful placement raises $5.1M, page-8
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