$3M isn’t a small raise if it’s to only last 2 quarters.
Think you will find that the 2 quarters time line will see it through until the next AGM, which is where shareholders can vote to allow them to do another raise of 10%.
Using the get out of the gutter card now to hedge the outcome of results, nothing to do with expectations, but believe n preach what you want.
Lucky the director took questions from from shareholders to willingly post onto retail holders in here before calling this. Good little strategy to tune up some buyers of insider shares.
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