Well, I should have read down the trail.
AFR had article stating Bell Potter and Argonaut to raise $40 mil at 19% discount to 21c. We will be straight back to 21c and hopefully re-establish our climb again from there. Last time over-subscribed by 30% but at a slightly bigger discount to closing price and at 11c, almost a year ago.
We are way ahead in the trial program since then, so I don't expect another doldrum and long discount to the raising price. We need the eyes and wallets of the bigger players taking a big proportion of this one.
We will see soon enough.
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