Yes, there could be a few shorts reaching for the kleenex when we come out of halt.
After the raise, 1PG will have near on $45million in the bank. Currently burning @$8mill/annum.......thats quite some runway....even if you throw in a bus load of staff for further expansion and development.
With a solid market cap and serious cash in the bank, some prospective customers might be more inclined to do more business with 1PG.
One suspects we have a floor under the price, which IMO, is still in bargain territory.
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