I think the conservative approach they have shown last time we not raising 500k is based on onfidence in growth getting them to CF + quicker. Or they were hoping to raise more at higher SP late.
So if it's a normal CR won't be massively dilutionary. Prob go for a $1m?
Plus might be only DMC but securing lease or partnerships /staff for new airport sites needs a bit of seed funding.
Ann: Trading Halt, page-13
Add CL8 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.488M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| CL8 (ASX) Chart |
Day chart unavailable