My thought is they will drawdown on the Controlled Placement Agreement that ICG put in place in December 2017.
This CPA enables them to raise up to $3 million. Announcement was released on 22nd December and worth reading.
Ann: Trading Halt, page-12
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.863M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $1.739K | 289.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 3821120 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 2266209 | 3 |
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| Last trade - 12.00pm 16/07/2024 (20 minute delay) ? |
| ICG (ASX) Chart |