I suspect it may be more than just CR to help with cashflow....

I suspect it may be more than just CR to help with cashflow.

Maybe a larger raise incorporating an increase in their cashflow and a further buy of fundX . If not that, then the CR for increased cashflow and a NEW Aqua???

I hope they do a substantial raise, im not worried about the dilution, I just feel the SP would be more responsive If there was plenty of cash on hand.

I will certainly be interested to see if in this raise there are any options attached, and at what exercise price, ( at 2 or 3.5 cents) and of course who it is that is able/wants to participate.

I see this as good news either way. If SP falls a little its an opportunity to increase my holding, if SP stays the same then the increased cash will (IMO) lead to an increase in SP in the short term, if the CR is for expansion/Aqua then long term SP will be much higher, ( well as long as its a good investment).

This of course is only my opinion, and is based on pure speculation! But as I am LONG on CL8 any of the above three outcomes sit well with me.....


GLTAH and DYOR