Yes agree...sit it out and stay frosty. They said they wouldn't be into cash flow until early 2019...lts call it Feb/Mar. So they are only raising a paltry $5m which will allow them to cruise past the "early next year point".
I think TK said "at this stage" when asked if enough cash on hand. I don't read anything worrying into this...dilution (22c) means very easy raising no drama and money for jam for the investors...only 23 million or so shares (3.5%?) with low dilution rate so cop it sweet and allow the amazing future of ResApp to unfold in a troublefree and easy fashion.
Just sit back and plan how you are going to reinvest your dividends.
All IMHO but I reckon its no big deal...get the cash in fast whilst allowing a discount to the Sophs for the tiny chance of USA results having a glitch in them.
Otherwise, the raising would have been at 25 cents for twice as much and that would have been cause for concern.
Job's right! (I hope lol)
Yes agree...sit it out and stay frosty. They said they wouldn't...
Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #