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
There will be no issue raising the cash- dilution is the key...
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Mkt cap ! $13.15M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $52.40K | 12.85M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 544385 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 4020458 | 8 |
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