There will be no issue raising the cash- dilution is the key factor here. As everyone has a price in mind at a price we would take on the risk.
Would have preferred the Bank route to Insto or public offering... as 30M is a fair sum for 2 small caps. Yet small in terms of the overall project.
4:1 @ 45c for TRF PLUS a TRFO Oppie for every 2 shares.
4:1 @ 85c for IFE AGAIN.
Record Date taken from early\mid Jan to give investors a chance to load on up. Plus bring more awareness to the project... should increase the SP.
My 2 cents...
Cheers JAY
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Change
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Mkt cap ! $13.15M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $370 | 92.40K |
Buyers (Bids)
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---|---|---|
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Price($) | Vol. | No. |
---|---|---|
0.5¢ | 17747851 | 30 |
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No. | Vol. | Price($) |
---|---|---|
2 | 282599 | 0.004 |
13 | 10114101 | 0.003 |
9 | 7088897 | 0.002 |
8 | 17588888 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 17747851 | 30 |
0.006 | 4390000 | 6 |
0.007 | 483500 | 2 |
0.008 | 1372154 | 5 |
0.009 | 18962 | 1 |
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